Security News > 2025 > May > Germany Shuts Down eXch Over $1.9B Laundering, Seizes €34M in Crypto and 8TB of Data
2025-05-10 06:47
Germany's Federal Criminal Police Office (aka Bundeskriminalamt or BKA) has seized the online infrastructure and shutdown linked to the eXch cryptocurrency exchange over allegations of money laundering and operating a criminal trading platform. The operation was carried out on April 30, 2025, authorities said, adding they also confiscated 8 terabytes worth of data and cryptocurrency assets
News URL
https://thehackernews.com/2025/05/germany-shuts-down-exch-over-19b.html