<ul><li>German authorities shut down eXch crypto swapping service and seized €34 million along with 8TB of data in a crackdown on illicit crypto activity.</li><li>eXch was a central node in global cybercrime, with ties to high-profile crypto hacks, operating without oversight, KYC, and anonymity.</li><li>The takedown of eXch marks a new era of proactive crypto enforcement, targeting cybercriminals before they act, and emphasizing the traceability of blockchain transactions.</li><li>This action sets a precedent for data-driven measures against crypto laundering and highlights the increasing focus of governments on strengthening crypto regulations in response to rising crypto crime.</li></ul>

German Authorities Seize €34 Million from Crypto Laundering Hub eXch: ZachXBT

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