Germany Seizes $38M in Crypto from Bybit Hack-Linked eXch

Germany Seizes $38M in Crypto from Bybit Hack-Linked eXch

In a decisive move against cryptocurrency-related cybercrime, German authorities have seized €34 million (approximately $38 million) in digital assets from the crypto exchange eXch. The platform is alleged to have facilitated the laundering of funds stolen during the $1.5 billion Bybit hack in February 2025. This operation, announced on May 9 by the Federal Criminal Police Office (BKA) and the Frankfurt Public Prosecutor’s Office, represents the...

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