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Crypto exchange eXch denies laundering Bybit’s hacked funds

Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto exchange eXch denies laundering Bybit’s hacked funds

Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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