German Authorities Seize €34M in Crypto from eXch: Crackdown on Non-compliant Exchanges

€34 million worth of cryptocurrency was seized by German authorities following an operation targeting non-compliant exchanges like eXch. The platform is accused of facilitating money laundering activities, leading to a significant crackdown on illegal crypto operations in the country. This action highlights the need for regulatory compliance within the cryptocurrency industry, aiming to combat illicit financing and enhance transparency. .