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Germany Seizes 47 Crypto Exchanges Used By Ransomware Gangs
German law enforcement seized 47 cryptocurrency exchange services "that facilitated illegal money laundering activities for cybercriminals," according to BleepingComputer, "including ransomware gangs." Long-time Slashdot reader Arrogant-Bastard shares their report: The platforms allowed users to e...
German law enforcement seized 47 cryptocurrency exchange services "that facilitated illegal money laundering activities for cybercriminals," according to BleepingComputer, "including ransomware gangs. This created a low-risk environment for cybercriminals to launder their proceeds without fearing prosecution or being tracked. "Exchange services that enable such anonymous financial transactions and thus money laundering represent one of the most relevant building blocks in the criminal value chain of the cybercrime phenomenon," reads a Federal Criminal Police Office (BKA) announcement...
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