The cryptocurrency exchange eXch announced that it will cease operations on May 1st after being accused of being related to the North Korean Lazarus Group and providing money laundering services for approximately $35 million of its funds in the Bybit $1.4 billion theft case. EXch stated that due to being targeted by transatlantic law enforcement actions, it has decided to adopt a "stop and retreat" strategy and no longer operate in a hostile environment, but admitted to handling a small amount of funds related to the Bybit hacking incident in February. (Cointelegraph) https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41130