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Crypto Exchange eXch Shuts Down Amid North Korea Laundering Allegations

April 18, 2025

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Why is Crypto Market Down Today Market Cap Sinks as Traders Flee Risk Assets

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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