German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’

Some customer and transaction data was seized by the government in the process of the investigation, it said. Given that the people behind those activities often reside in other countries outside of Germany, where criminal activities like this are “tolerated or even protected,” the authorities noted it may be nearly impossible for German government officials to prosecute them.

Source: https://www.coindesk.com/business/2024/09/19/german-government-shuts-down-47-exchanges-tied-to-illegal-activity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines