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eXch denies helping Lazarus launder money
2025-02-24 00:05:14

Odaily News eXch posted on the Bitcointalk forum that some people accused its service of laundering Lazarus Group funds, which was purely "opposition to decentralized cryptocurrency". Although some analysts pointed out that eXch's recent ETH trading volume has increased abnormally and its Bitcoin reserves are almost empty, eXch insisted that the funds involved were only "isolated cases" and promised to support open source privacy and security projects through donations. eXch also released screenshots of its communication with Bybit and rejected Bybit's request to block the address suspected of receiving stolen money. (The Block)