9-5-2025 – The Frankfurt Prosecutor’s Office has revealed that law enforcement has dismantled the cryptocurrency platform eXch, seizing its entire infrastructure and €34 million in assets. The platform, now under intense scrutiny, is suspected of facilitating money laundering tied to a string of audacious crypto heists. Among the alleged connections are the Bybit hack, vulnerabilities in multisig systems, the FixedFloat exploit, and the staggering $243 million theft from Genesis Creditor.
This sweeping crackdown underscores a robust commitment by authorities to curb the misuse of digital currencies, shining a spotlight on the persistent battle to safeguard the integrity of the cryptocurrency ecosystem.
