47 Crypto Exchanges Shutdown

German authorities have seized and shutdown 47 cryptocurrency exchanges, all of which where used for money laundering and ransomware gangs.

These exchanges where all hosted in Germany and despite these exchanges claims of anonymity, policy of never saving data, the German law enforcement put out a statement which said they now have these these servers, the development servers, production servers and backup servers. Putting out a warning that if you uses these exchanges they now have your information. 

No arrests have been made but the operation is still ongoing.

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