US EditionCrypto Exchange eXch to Shut Down Amid Allegations of Laundering Bybit Hack Funds - CryptoShrypto
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Crypto Exchange eXch to Shut Down Amid Allegations of Laundering Bybit Hack Funds - CryptoShrypto
Cryptocurrency exchange eXch will cease operations on May 1 following allegations that it facilitated laundering activities connected to the infamous Bybit hack, according to an official announcement posted on April 17. The decision to shut down came after eXch’s management team overwhelmingly voted to “cease and retreat,” citing mounting pressure and an “active transatlantic operation” targeting the platform. The firm is accused of processing r…
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