Germany's Takedown of eXch Crypto Exchange: $1.9B Laundering Allegations, €34M in Crypto and 8TB of Data Seized

TL;DR

Germany’s Federal Criminal Police Office (BKA) has shut down the eXch cryptocurrency exchange due to allegations of money laundering and operating a criminal trading platform. The operation, conducted on April 30, 2025, resulted in the seizure of €34 million in cryptocurrency and 8 terabytes of data. This action highlights the increasing scrutiny on cryptocurrency exchanges and their role in financial crimes¹.

Germany’s Crackdown on eXch Crypto Exchange: Severe Allegations and Significant Seizures

In a major enforcement action, Germany’s Federal Criminal Police Office (BKA) has shut down the eXch cryptocurrency exchange. The operation, carried out on April 30, 2025, was prompted by serious allegations of money laundering and the operation of a criminal trading platform. Authorities reported seizing a substantial amount of data and cryptocurrency assets, underscoring the severity of the charges.

Operation Details

The BKA’s operation targeted the online infrastructure of the eXch cryptocurrency exchange, leading to its complete shutdown. During the raid, authorities confiscated:

• 8 terabytes of data: This vast amount of data is expected to provide critical insights into the exchange’s operations and the extent of its alleged illegal activities.
• €34 million in cryptocurrency: The seizure of these assets is a significant blow to the exchange’s financial capabilities and highlights the scale of the suspected money laundering operations.

Implications and Future Steps

This operation is part of a broader effort by German authorities to combat financial crimes facilitated by cryptocurrency exchanges. The seizure of data and assets will likely lead to further investigations and potential legal actions against individuals involved in the alleged money laundering activities.

Conclusion

The shutdown of the eXch cryptocurrency exchange by the BKA is a stark reminder of the ongoing battle against financial crimes in the digital age. As cryptocurrencies continue to gain popularity, regulatory bodies worldwide are stepping up their efforts to ensure compliance and prevent illegal activities. For further insights, visit the full article: source.

References

1. (2025). “Germany Shuts Down eXch Over $1.9B Laundering, Seizes €34M in Crypto and 8TB of Data”. The Hacker News. ↩︎