The German law enforcement has seized tens of millions of dollars on Exch digital assets, a controversial crypto exchange that was confronted with allegations that the crypto was stolen in the record-setting bybit exploit earlier this year.
On April 30, the German Federal Criminal Police Office (BKA) and the Frankfurt office took up the German server infrastructure of Exch, according to a new press release.
The attack included eight terabytes of data and € 34 million ($ 38.26 million) to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Dash (Dash).
Last month Exch went to the BitcoinTalk forum to announce that it was closed on 1 May and claimed that “friends” confirmed in the state information sector that the exchange is the target of an “active transatlantic operation”.
The DKA says it expected the announcement from Exch and “countless evidence and leads” obtained to lead the seizure at the end of April.
In February, Hackers plundered almost $ 1.5 billion in Ethereum and Lido Staked Ether (Steth) from Bybit in the largest crypto -theft ever and perhaps the biggest robbery in world history.
The Blockchain research agency Elliptical, Pseudonymous On-Chain researcher Zachxbt and other researchers have attached the exploit to the Lazarus group, a productive North Korean cyber criminal outfit known for countless high-profile hacks on large crypto-platforms.
Elliptic also said that Lazarus Exch used as part of his process to wash the stolen crypto white. The exchange refused the accusations of money that it lay, although it led to the processing of an “insignificant” part of the stolen Bybit funds.
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