On May 9th, according to blockchain detective ZachXBT, the Frankfurt prosecutor's office announced that the cryptocurrency trading platform eXch has been seized by law enforcement agencies, with 34 million euros and platform infrastructure confiscated.
EXch is suspected of providing money laundering services for Bybit hacking attacks, multi signature vulnerabilities, FixeFloat vulnerabilities, Genesis Creditor $243 million theft, and multiple phishing attacks, involving billions of dollars in funds, and refusing to freeze related addresses and enforce injunctions.