Illegal Crypto platform seized in Germany

pele23 in LeoFinance • 2 days ago

eXch

A German crypto platform that has been active since 2014! has been completely seized by the German authorities. This because the platform worked with complete anonymity. Nobody needed to give information about themselves, and they could exchange with anyone they wanted, without having to give information about themselves.

The authorities seized the servers, and confiscated 34 million Euros worth of crypto currencies. The owners are also charged with "Money laundering".

This will be the case more and more in Europe as KYC is really a must in Europe these days for exchanges!

Be careful where your exchange your coins!

Sincerely,

Pele23

Posted Using INLEO

#crypto #vyb #bbh #cent #creativecoin #proofofbrain #archon #lassecash #neoxian

2 days ago in LeoFinance by pele23

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