<ul><li>Germany's Federal Criminal Police (BKA) shut down the eXch crypto exchange (eXch.cx), seizing its infrastructure over money laundering and illegal trading allegations.</li><li>The German law enforcement seized €34M in crypto and 8TB of data from the platform, marking its third-largest crypto asset seizure ever.</li><li>eXch crypto exchange had been active since 2014, enabling anonymous crypto swaps via clearnet and darknet, avoiding Anti Money Laundering rules. Authorities suspect the platform allowed laundering $1.9B.</li><li>eXch announced it would shut down on May 1, 2025, amid suspicions of money laundering and illegal trading. Despite the shutdown announcement, authorities swiftly seized data and crypto assets from the platform.</li></ul>

German police seized eXch crypto exchange

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