ZachXBT: CEX eXch was seized for money laundering, with 34 million euros confiscated

ChainCatcher news, according to on-chain detective ZachXBT, the Frankfurt Public Prosecutor's Office announced that the crypto trading platform eXch has been seized by law enforcement, with 34 million euros and the platform's infrastructure confiscated.

eXch is suspected of providing money laundering services for the Bybit hack, multi-signature vulnerabilities, FixedFloat vulnerabilities, the Genesis Creditor $243 million theft case, and multiple phishing attacks, involving hundreds of millions of dollars in funds, and has refused to freeze related addresses and comply with injunctions.