The German federal police just executed a major, concerted crackdown on non-KYC exchanges:
"The operators of the now shut down exchange services are accused of knowingly concealing the origin of criminally obtained funds on a large scale through inadequate implementation of legal requirements for combating money laundering (so-called know-your-customer principle), and thus of having made themselves liable to prosecution for money laundering and operating criminal trading platforms on the Internet in accordance with Sections 127, 261 Paragraph 1 Sentence 1 No. 2 and Paragraph 4 of the Criminal Code."
https://www.bka.de/DE/Presse/Listenseite_Pressemitteilungen/2024/Presse2024/240919_PM_finalexchange.html
And they're actively threatening all past users of these exchanges:
https://www.finalexchange.de/en
Râu Cao ⚡ /
npub1ra…gdees
2024-09-19 15:37:56
Author Public Key
npub1raustrrh5gjwt03zdj8syn9vmt2dwsv9t467m8c3gua636uxu89svgdeesPublished at
2024-09-19 15:37:56Event JSON
{
"id": "a6bf7aed25f388e028b0cc872a109618d31dadb7261a76d220d7c8efbc142f8f",
"pubkey": "1f79058c77a224e5be226c8f024cacdad4d741855d75ed9f11473ba8eb86e1cb",
"created_at": 1726760276,
"kind": 1,
"tags": [
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
]
],
"content": "The German federal police just executed a major, concerted crackdown on non-KYC exchanges:\n\n\"The operators of the now shut down exchange services are accused of knowingly concealing the origin of criminally obtained funds on a large scale through inadequate implementation of legal requirements for combating money laundering (so-called know-your-customer principle), and thus of having made themselves liable to prosecution for money laundering and operating criminal trading platforms on the Internet in accordance with Sections 127, 261 Paragraph 1 Sentence 1 No. 2 and Paragraph 4 of the Criminal Code.\"\n\nhttps://www.bka.de/DE/Presse/Listenseite_Pressemitteilungen/2024/Presse2024/240919_PM_finalexchange.html\n\nAnd they're actively threatening all past users of these exchanges:\n\nhttps://www.finalexchange.de/en",
"sig": "e955fc8ab60e9fbd75b00bc23e7b555d23321a7207edc8a72769f89d31015395f7061514894f9e1581a88a3174520d7449a1fd243447a39b9a9efe60d942f48d"
}