Crypto Platform eXch Shuts Down Amidst Illicit Activity Allegations

Crypto platform eXch has ceased operations following allegations of illicit activity linked to the Lazarus Group, a North-Korean-linked hacking collective. This closure highlights persistent security concerns in the cryptocurrency sector and could impact investor confidence. The allegations involve unauthorized use of the platform. eXch’s shutdown is expected to trigger heightened calls for stricter cybersecurity protocols within the industry.