🚨 Breaking News in Crypto Land! 🚨
Germany just gave 47 shady crypto exchanges the boot! 🚪💨 These platforms, including Xchange.cash and 60cek.org, were allegedly involved in money laundering and other illicit activities. The Federal Criminal Police Office (BKA) says they weren't doing their KYC homework. 📚👀
Authorities seized some customer and transaction data, but prosecuting the masterminds might be tricky since they're often abroad. Instead, Germany aims to weaken the infrastructure supporting these illegal activities. 💪🌐
Feeling optimistic about DeFi and Web 3? Share your thoughts below! 👇 #CryptoNews #DeFi #Web3