German authorities shut down eXch amid $1.9B money laundering allegations, seizes $38M in crypto

German law enforcement has shut down the crypto exchange eXch and seized digital assets valued at over $38 million, according to a May 9 statement. In a joint operation, the Frankfurt Main Public P...

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German authorities shut down eXch amid $1.9B money laundering allegations, seizes $38M in crypto

Source: CryptoSlate

German law enforcement has shut down the crypto exchange eXch and seized digital assets valued at over $38 million, according to a May 9 statement. In a joint operation, the Frankfurt Main Public Prosecutor’s Office and the Federal Criminal Police Office (BKA) confirmed that the seizure occurred on April 30, 2025. The move followed a […]