The German government has shut down 47 cryptocurrency exchanges for allegedly knowingly allowing cybercriminals to create an “underground economy,” and is now focusing on potential criminal users. The Federal Criminal Police Office, the Frankfurt Public Prosecutor’s Office, and the Office to Combat Cybercrime said the exchanges were obscuring the source of their criminal proceeds by inadequately implementing anti-money laundering laws. Users include ransomware operators and black market traders. Germany said it seized the exchanges’ servers and accessed user data. Share your thoughts in the comments.