Germany seizes almost $28 mln in cash in crypto ATM sting – Reuters

German authorities have confiscated nearly $28 million in cash during a recent operation targeting cryptocurrency ATMs. The sting, led by law enforcement officials, aimed to crack down on potential money laundering activities through these machines. The significant seizure highlights the growing concern around the misuse of digital currencies for illegal purposes. The operation underscores Germany’s commitment to enforcing strict regulations in the cryptocurrency space to prevent illicit financial activities.