Home / CRYPTOCOINS / German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’

German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’

Some character and transaction data was seized by the government in the process of the investigation, it said. Given that the people behind those movements often reside in other countries outside of Germany, where criminal activities like this are “tolerated or uniform protected,” the authorities noted it may be nearly impossible for German government officials to prosecute them.

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