Laundering Shuts Crypto Exchange eXch: North Korea Link

Laundering Shuts Crypto Exchange eXch: North Korea Link

coinpedia.org
April 18, 2025 by Jhon E. Bermúdez
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Get ready for some shake-ups in the crypto world! Exchange eXch just dropped a bombshell: they’re closing up shop on May 1st. Why? Well, they’ve been linked to the infamous North Korean Lazarus Group. This group is in hot water for allegedly laundering a hefty $35 million chunk of change connected to that massive $1.4


Get ready for some shake-ups in the crypto world! Exchange eXch just dropped a bombshell: they’re closing up shop on May 1st. Why? Well, they’ve been linked to the infamous North Korean Lazarus Group. This group is in hot water for allegedly laundering a hefty $35 million chunk of change connected to that massive $1.4 billion Bybit hack. eXch has even admitted they handled a small sliver of funds from the February cyberattack. This shutdown comes as the heat and magnifying glass are turned up on eXch’s supposed involvement, making it a big moment in the ongoing fight against crypto cybercrime.

Source: coinpedia.org