⭐️ UPD: Germany Just Seized $38M Tied to the Bybit Hack
🟠The Lazarus trail is heating up. German authorities just confiscated $38 million in #crypto from eXch — a shadowy laundering service used to wash funds from the $1.4B Bybit exploit. That’s the third-largest crypto seizure in the country’s history.
🟠eXch had been operating since 2014 with zero AML compliance, processing $1.9B in crypto — much of it dirty. Think #BTC , ETH, #LTC , DASH — all now sitting in government hands. The platform quietly shut down on May 1, blaming “SIGINT pressure” and the “hostile environment.” Translation? They knew the net was closing in.
🟠ZachXBT previously flagged eXch for laundering funds from Lazarus-linked exploits, including Genesis ($243M), Multisig drains, and FixedFloat. Authorities have now seized 8 terabytes of server data — this wasn’t just a bust, it was a digital decapitation.
🐶 Lazarus may be state-sponsored, but their infrastructure isn’t bulletproof. Every off-ramp is a vulnerability — and governments are finally catching up. You can obfuscate the source, but you can’t hide the flow.