Crypto Crackdown: Germany Authority Closed 47 Crypto Exchanges Used by Ransomware Gangs
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The post Crypto Crackdown: Germany Authority Closed 47 Crypto Exchanges Used by Ransomware Gangs appeared first on Coinpedia Fintech News German authorities seized 47 cryptocurrency exchange platforms helping criminals, including ransomware gangs, to launder money. These exchanges let users trade cryptocurrencies without following the “Know Your Customer” (KYC) rules, allowing them to remain anonymous during transactions. This anonymity made it easier for cybercriminals to hide their illegal profits. Law Enforcement’s Major Move The Federal Criminal …
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