money laundering

Germany’s Federal Criminal Police (BKA) shut down the eXch crypto exchange on April 30, 2025, amid allegations of money laundering and illegal trading. This exchange enabled users to exchange cryptocurrencies anonymously on both the clearnet and the darknet. Today, it finds itself under fire for allegedly laundering nearly $1.9 billion...

The cryptocurrency space, which has opened up possibilities for financial innovation that we’ve never seen before, is home to some of the worst #badactors out there. As we’ve written, laundering stolen funds through crypto is increasing. Thanks to the hard work and dogged persistence of on-chain analysts such as ZachXBT,...

German authorities have taken down eXch, a dark web crypto-swapping platform used for laundering illicit funds, in operation with Dutch law enforcement as part of a growing trend. The platform flourished because of its extreme lack of oversight and complete anonymity. It quickly became a preferred refuge for cybercriminals who...