International authorities have cracked down on the cryptocurrency platform ChipMixer, alleging it helped obscure the digital money trail for online drug dealers, Russian military hackers and North Korean cybercriminals, Europe's Europol police agency and the U.S. Department of Justice said on Wednesday. The site - which authorities say laundered more than $3 billion worth of cryptocurrency - was offline on Wednesday, replaced by a banner which read, "THIS WEBSITE HAS BEEN SEIZED" and displaying the logos of German, American, Swiss and Polish law enforcement organizations.
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