German Authorities Confiscate Crypto Worth $38m from Exchange Linked to Bybit Hack
German authorities have confiscated around $38 million worth of cryptocurrency from an exchange known as eXch, a platform suspected of helping cybercriminals launder stolen funds. This includes money linked to the $1.4 billion Bybit hack that happened earlier this year. The bust was announced on May 9, 2025 by Germany’s Federal Criminal Police Office (BKA) … Continue reading “German Authorities Confiscate Crypto Worth $38m from Exchange Linked to Bybit Hack”