German Authorities Shut Down Exch Crypto Service, Seize €34M in Laundered Funds

German authorities seized €34 million in cryptocurrency and shut down the crypto swapping service Exch linked to money laundering, including funds stolen in the 2025 Bybit hack. Crypto Swapping Service Exch Closed; €34M Seized in Third-Largest BKA Crypto Bust The Public Prosecutor General’s Office in Frankfurt and Germany’s Federal Criminal Police Office (BKA) confiscated Exch’s

Source: Bitcoin.com