đš **Crypto Crackdown in Germany: 47 Exchanges Shuttered!** đš
Germany has just pulled the plug on 47 cryptocurrency exchanges, accusing them of enabling an "underground economy" for cybercriminals. Authorities claim these platforms were turning a blind eye to money laundering laws, allowing ransomware operators and black market traders to convert dirty money into clean cash. đž
The seized websites now display a stern warning: "We have your data. Transactions, registration data, IP addresses. Our search for traces begins. See you soon."
But don't worry, a widespread prosecution isn't likely, as many culprits reside abroad and are beyond German law enforcement's reach.
What do you think about this crackdown? Share your thoughts in the comments! đ
