OP 18 April, 2025 - 06:38 AM
❌ eXch.cx Shuts Down
eXch.cx, the no-KYC crypto swap site known for anonymous BTC, ETH, and XMR trades, is shutting down on May 1, 2025. Swaps will stop a day earlier, on April 30.
The platform recently made headlines after being linked to the Lazarus Group’s $35M ETH laundering from the February Bybit hack. While the team didn’t say why they’re closing, many are pointing to regulatory pressure following that incident.
In a final move, eXch is donating 50 BTC to open-source privacy projects—excluding anything written in Java, JavaScript, Go, or C#, which sparked mixed reactions.
The shutdown follows a broader trend: 36 unlicensed exchanges were closed by Kazakhstan in March, and others like DMM Bitcoin and OKX Nigeria have also gone down recently. eXch handled $2B+ in 2024 alone—its closure hits hard for the privacy crowd.
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Source : @alert
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