Germany takes down eXch cryptocurrency exchange, seizes servers
ID: 2d256ef2-a9cc-506c-b381-4f39b55cebae
STIX ID: report--2d256ef2-a9cc-506c-b381-4f39b55cebae
Feed Name: Bleeping Computer
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The German Federal Police (BKA) seized the eXch cryptocurrency exchange infrastructure for alleged commercial money laundering, confiscating eight terabytes of data and roughly $38M in cryptocurrencies. Authorities allege the platform failed KYC controls and was used to launder stolen funds — including amounts tied to the Bybit hack attributed to the North Korean Lazarus group — and the operators are under suspicion for running a criminal trading service.
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