The Frankfurt Prosecutor’s Office announced the seizure of the crypto platform eXch by law enforcement. Authorities confiscated €34 million and the platform’s infrastructure. eXch is under suspicion for providing money laundering services related to several high-profile crypto hacks, including the Bybit hack, multisig vulnerabilities, the FixedFloat exploit, and the $243 million Genesis Creditor theft. This crackdown highlights ongoing efforts to combat illicit activities in the crypto space.

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