The encrypted trading platform eXch will cease operations on May 1st

Foresight News|Apr 18, 2025 00:51
According to Foresight News, CoinDesk reported that the cryptocurrency trading platform eXch will cease operations on May 1st. In a notice on April 17th, eXch stated that the majority of its management team voted to "stop and withdraw" in response to allegations that North Korean Lazarus Group used the exchange to launder approximately $35 million in stolen Bybit funds. Despite attempts to shut down our infrastructure, we were able to continue operating. However, we believe that operating in a hostile environment is meaningless because some people misunderstood our goals
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