Crypto exchange eXch to shut down May 1 amid allegations of laundering $35M from Bybit hack

Cryptocurrency exchange eXch announced it would cease operations on May 1 following reports that it was involved in laundering funds from a Bybit hack. The platform revealed that most of its management team voted to “cease and retreat” after allegations surfaced that North Korea’s Lazarus Group used the platform to launder approximately $35 million of […] source: https://www.cryptopolitan.com/crypto-exchange-exch-to-shut-down-may-1/