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Saturday, May 10, 2025

Germany Shuts Down eXch Over $1.9B Laundering, Seizes €34M in Crypto and 8TB of Data

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

source https://thehackernews.com/2025/05/germany-shuts-down-exch-over-19b.html

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