German authorities have shut down 47 cryptocurrency exchanges for their role in facilitating criminal activities, according to a joint statement from the Central Office for Combating Internet Crime (ZIT) and the Federal Criminal Police Office (BKA).
The exchanges were deactivated after the authorities determined they had been involved in money laundering. The ZIT and BKA claim that the platforms allowed users to exchange crypto and other digital assets anonymously, concealing the origins of illicit funds.
According to the authorities, this lack of adherence to legal requirements is a direct violation of anti-money laundering laws.
The exchanges enabled transactions without requiring users to register or verify their identities, violating the know-your-customer (KYC) principle. Authorities explained that such anonymous exchange services are a critical part of cybercrime operations.
Criminals, including ransomware groups, darknet traders, and botnet operators, reportedly used these platf
We współpracy z: https://cryptoslate.com/german-authorities-shutdown-47-crypto-exchanges-facilitating-crime-seize-servers-data/
