Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group

Description

eXch will shut down May 1 following allegations it was used by the Lazarus Group to launder crypto stolen from Bybit. The platform cited an active “transatlantic operation” and criticized AML/KYC policies, reaffirming its commitment to privacy and decentralization.

Publish date

Apr 18, 2025 - 9:39am