Crypto exchange eXch has denied any involvement in laundering money for North Korea’s infamous Lazarus Group.
In a statement released on the Bitcointalk forum on February 23, eXch asserted that it was not involved in any illicit transactions for the cybercriminal organization linked to the Democratic People’s Republic of Korea (DPRK).
The eXch team stated, “We are not laundering money for Lazarus/DPRK,” emphasizing that all funds on the exchange were secure and that its operations remained unaffected by the Bybit hack.
The exchange also criticized those spreading accusations, dismissing such claims as baseless fear, uncertainty, and doubt (FUD).
