Germany Cracks Down on Crypto Crime: 47 Exchanges Seized in Major Operation! 🚔

Summary:


  1. Major Seizure
    German law enforcement has seized 47 cryptocurrency exchanges linked to money laundering activities for cybercriminals, including ransomware gangs.

  2. Anonymous Transactions
    These platforms operated without adhering to “Know Your Customer” regulations, allowing users to exchange cryptocurrencies anonymously and evade prosecution.

  3. Warning Issued
    Visitors to the seized exchanges are redirected to a warning page, “Operation Final Exchange,” which highlights the risks associated with the false promises of anonymity.

Read more at: BleepingComputer