German Authorities Seize 47 Crypto Exchanges Linked to Ransomware Gangs
In a major crackdown on cybercrime, German law enforcement has seized 47 cryptocurrency exchanges that were being used for money laundering by ransomware groups and other cybercriminals. The Federal Criminal Police Office (BKA), alongside the Frankfurt Prosecutor’s Office, led the operation, codenamed “Final Exchange”, which targeted platforms operating without “Know Your Customer” (KYC) protocols, allowing…
