This is actually the most worrisome part and essentially the center of the question. The reaction toward exch, given the minuscule amount of money allegedly passed through their system (26 million out of 1,400 million total)is disproportionate.
The European governments have become hysterical about crypto in recent years, to the point that they want to ban its pseudonymous usage completely, thereby copying China. You can tell this is the case here by the fact that not a single US agency is listed in the seized banner. I usually see FBI, and DoJ in these things. There is not so much as a press release from those websites.
Yeah, especially Netherlands and Germany. To be fair, I can't blame them because it's not really like they fight against your privacy but it's to help EU citizens to be safe. I do not say this out of thin air. Sadly, there are lots of scam call centers in my country that call EU citizens and try to scam them. They usually call elders and try to get their credit card information or make them register on their own website to buy crypto and then close their accounts. There are dozens of these accidents happening every day from my country and I'm very sorry for that, sadly there isn't much that I can do, I feel very ashamed. Thanks to German authorities, lots of scam call service centers got closed in my country and some people ended up in jail. Sadly, these scams are protected by the government and on their own, they do nothing to close them. Anoter sad thing is that lots of young people work in these scam centers because they pay very well.