Crypto Chaos: The Dark Secrets of eXch and Bybit’s Stolen Millions! 💰😱

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In the shadowy corridors of the digital realm, where the light of morality flickers like a dying candle, the infamous mixing protocol known as eXch finds itself entangled in a web of deceit and evasion. It is merging, dear reader, with an offshore entity, a move so audacious that one might wonder if the architects of this scheme have taken leave of their senses—or perhaps, their souls. For what is a mere restructuring but a desperate attempt to elude the watchful eyes of those who seek justice? Ah, the irony! To launder tens of millions, and yet, to fear the very scrutiny that one has invited upon oneself! 😏

In a recent proclamation on the hallowed grounds of Bitcoin Talk, eXch has declared its intention to uproot its operations from Belize, a place that has become synonymous with regulatory leniency, as if it were a sanctuary for the morally ambiguous. The specter of North Korean hackers looms large, their hands stained with the spoils of theft from the Bybit crypto exchange, and eXch, in its infinite wisdom, has chosen to turn a blind eye to their nefarious activities. How noble! How virtuous! Or perhaps, how utterly self-serving? 🤔

With a flourish, eXch announces the arrival of “new shareholders and new members on the management board,” as if this change of faces could somehow cleanse the taint of their past misdeeds. “Reduce risks for our founding team,” they say, as if the very act of self-preservation could be mistaken for a moral high ground. What values, one might ask, are they so keen to uphold? The value of profit? The value of anonymity? Or perhaps the value of sheer audacity? 🤷‍♂️

“Since it’s primarily coming from U.S.-based agencies, we will update our ToS to inform our users in the U.S. not to use our service and warn them about the risks of being prosecuted in their country for using a service like ours.”

— eXch

In a further act of defiance, eXch has resolved to delist the two largest stablecoins, Tether (USDT) and USD Coin (USDC), by the summer months, as if to say, “We shall not be shackled by the chains of legality!” Instead, they will embrace DAI, an algorithmic stablecoin, as if it were a lifeline thrown to a drowning man. How poetic! How tragically absurd! 🥴

Moreover, the mixing service has decided to support only dynamic addresses, a clever ruse to obfuscate their transactions, as if they were playing a game of hide-and-seek with the very law enforcement agencies that seek to bring them to justice. And yet, one cannot help but wonder: in this game of shadows, who is truly hiding, and who is merely playing the fool? 🤡

Under the relentless scrutiny of blockchain sleuths, eXch stands accused of complicity, refusing to assist Bybit in their noble quest to thwart the North Korean hackers who have pilfered nearly $1.5 billion. With a staggering $94 million laundered through their service, one must ask: is this a mere oversight, or a calculated choice to turn a blind eye to the suffering of others? The answer, dear reader, lies buried beneath layers of greed and ambition, waiting to be unearthed. 🕵️‍♂️

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2025-04-02 11:42