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Crypto Exchange eXch Shuts Down Amid North Korea Laundering Allegations

CoinPedia2025-04-18 13:03:40
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The post Crypto Exchange eXch Shuts Down Amid North Korea Laundering Allegations appeared first on Coinpedia Fintech News

Crypto exchange eXch has announced it will shut down on May 1 after being linked to North Korea’s Lazarus Group. The group is accused of laundering around $35 million tied to the $1.4 billion Bybit hack. eXch admitted to handling a small portion of the funds from the February exploit. The closure follows rising pressure and scrutiny over its alleged involvement, marking another major development in crypto-related cybercrime investigations.

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