A coalition of law enforcement agencies coordinated by Europol announced Monday the shuttering of cryptocurrency laundering service Cryptomixer.

Europol confirmed the seizure in a press release , where it called Cryptomixer “the platform of choice for cybercriminals seeking to launder illegal proceeds from a variety of criminal activities, such as drug trafficking, weapons trafficking, ransomware attacks, and payment card fraud.”

Since 2016, Europol said, Cryptomixer facilitated the laundering of 1.3 billion euros ($1.5 billion) in bitcoin.

Hackers and other criminals use laundering services such as Cryptomixer to obfuscate and hide the provenance of their cryptocurrency. By design, cryptocurrencies such as Bitcoin and Ethereum are built on public blockchains that allow law enforcemen

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