Frankfurt authorities seize $38.2m from eXch due to money laundering allegations

frankfurt-authorities-seize-$38.2m-from-exch-due-to-money-laundering-allegations
Frankfurt authorities seize $38.2m from eXch due to money laundering allegations

Frankfurt authorities have suspended operations for eXch and seized its crypto assets valued $38.2 million. The platform allegedly facilitated money laundering for major crypto heists including the Bybit and Multisig hacks. According to an official statement issued on May 9,…

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