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Germany seizes $38M in crypto from Bybit hack-linked eXch exchange

Germany seizes $38M in crypto from Bybit hack-linked eXch exchange

German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen after Bybit’s record-breaking $1.4 billion hack.The seizure, announced on May 9 by Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s…

Coinbase user reportedly scammed of $34 million in Bitcoin: ZachXBT

Coinbase user reportedly scammed of $34 million in Bitcoin: ZachXBT

At least one Coinbase user was reportedly scammed out of 400 bitcoin, worth an estimated $33.5 million at current prices, in a series of social engineering attacks targeting users of the U.S.-based cryptocurrency exchange, according to on-chain investigator ZachXBT.Details on how the funds were stol…