The Federal Criminal Police of Germany (aka Bundeskriminalamt or BKA) have seized the Internet infrastructure and shut -off with Exchange of cryptocurrencies over charges of money laundering and the operation of the criminal trading platform.
The operation was carried out on April 30, 2025, the authorities said, adding that they also seized 8 terabytes worth 34 million euros (38.25 million dollars) at Bitcoin, Ether, Litecoin and Dash.
According to BKA, CX (.) CX has existed since 2014 and offered to replace cryptocurrencies, allowing its users to share digital assets. It was available both in Clearnet and in the dark network.
Exchange “, specially advertised on the criminal underground economy platforms (UE) that he has not implemented any money laundering measures,” BKA – Note In a statement.
“Users did not have to identify themselves before the service, and the users were not stored. Thus, the crypto -enumeration was especially suitable for concealing financial flows.”
Cryptocurrency assets worth $ 1.9 billion have been estimated by the service since its launch. This is also included in the part of the illegal projections received by North Korean Bybit Hack Early this year.
Development occurs when Exch announced its own plans on April 17 to cease its activity this month, which made the authorities provide “numerous evidence and presenters”.
In a message posted on the Bitcointalk Forum, Exch – Note After it “received confirmation of information” that the platform is a “subject of an active transatlantic operation aimed at the violent closure of our project and pursuing us for” money laundering and terrorism “.
“The goals we certainly never mean were to provide illegal activities such as money laundering or terrorism, as we are now accused,” he said. “We also have no motivation to manage a project in which we are regarded as criminals. It makes no sense to us.”
Following the withdrawalFix) The report said that “actively investigators involved in money laundering and other illegal activities through this replacement service.”
“We want to do everything clear: this action is not an attack on privacy. We respect the right to privacy and recognize its value in the digital era. However, if services are greatly abused added.
“We urge anyone involved in illegal activity to stop immediately. Legal consequences may be serious. Privacy is not a problem – criminal abuse.”
