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The German government has shut down 47 cryptocurrency exchanges suspected of being linked to illegal activities

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2024-09-19 23:06:08
German authorities have shut down 47 cryptocurrency exchanges suspected of involvement in criminal activities such as money laundering, saying they deliberately failed to meet their obligations to conduct identity and background checks on customers. Some of the exchanges include Xchange cash, 60cek, Baksman and other smaller platforms. One of the exchanges has been active since 2012, while others were established only the year before.
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