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German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown
20.9.2024
German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown...
German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion
18.7.2024
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal...
German Authorities Say They’ve Seized 50,000 Bitcoins
1.2.2024
German authorities have revealed that they have seized 50,000 bitcoins. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted. Germany Seizes 50K Bitcoin The Saxony state police in Germany...
German Authorities Confiscate 50,000 BTC Worth $2 Billion From Illegal Movie Site
30.1.2024
Source: Pixabay Following an investigation led by the Dresden General Prosecutor’s Office and the Saxony State Criminal Police, approximately 50,000 Bitcoins were “provisionally” secured in mid-January 2024 in connection with the crackdown on an illegal movie site. According to German...
International Operation Takes Down Crypto Mixer Chipmixer — Creator Could Face 40 Years in Prison
17.3.2023
An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of cryptocurrency, according to the U.S. Department of Justice (DOJ). The operation involved national authorities in the U.S., Germany, Belgium, Poland,...
German Authorities Shut Down Russian Darknet Market, Seize $25M in Bitcoin
5.4.2022
The marketplace's bitcoin privacy mixer complicated the investigation, police said
Germany Auctions Bitcoin Seized From Darknet: Bargain Hunters Flock to Buy Cheap BTC
27.10.2021
German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North...
German Authorities Can’t Access Bitcoins Worth $65 Million ‘Seized’ From Hacker
7.2.2021
German authorities have been unable to gain access to more than 1,700 bitcoins belonging to a convicted hacker, who kept silent about how to access his crypto stash while serving his prison sentence. German prosecutors in the Bavarian town of Kempten said Friday that they have been unable to gain...
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
7.8.2020
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s...
German Authorities Ask Banks to Keep Aside $5.9 Billion Over Possibility of a Slump
28.5.2019
One thing that has been proven beyond a shadow of a doubt is that the German economy is in the middle of a slowdown and industrial growth has been tepid over the past few months. In addition to that, the country’s relatively robust banking industry has also been going through a bit of churn,...