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Germany Shuts Down 47 Crypto Exchanges Tied to Money Laundering

Germany Shuts Down 47 Crypto Exchanges Linked to Money Laundering

Key Takeaways German authorities have dismantled 47 cryptocurrency exchanges allegedly involved in facilitating money laundering for cybercriminals. The platforms, which operated without adhering to anti-money laundering (AML) protocols, allowed users to conduct anonymous transactions, making them attractive to those engaging…

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