Crypto Swapper eXch Don Close After Bybit Hack, But Still Dey Run Stealth Operations — Security, Money Laundering, and Regulatory Risks Still Dey

Crypto swapper wey dem call eXch, wey popular for allowing people do crypto deals hide-hide because of their no-KYC rule and money wey dem gather together, German people wey get power officially close am down for April. Dem close am because dem connect am to di money wey dem carry from di $1.4 billion Bybit hack, wey dem talk say na di bad bad Lazarus Group do. When dem close am, dem take their servers and roughly €34 million worth of crypto money. But small small, some blockchain security companies dey talk say eXch fit still dey work for some few customers using their back-end APIs, even though dem don close am public. This one show say di platform dey still operate for hiding, using their setup wey no get central control and wey pass different different countries to japa from government eyes. E Xch don process total of $1.9 billion for crypto since dem start, and e don turn to beta tool for hackers and bad bad money drainers like Monkey Drainer, Pink Drainer, and Inferno Drainer. This matter show say na still big wahala worldwide to control crypto platforms wey no dey ask for customer details, because bad people fit just run go use other decentralized ones like THORChain to wash money. Even though di shutdown good for how safe di industry be, di way dis kind platforms still dey show say government enforcement get holes and e show di fight wey dey between keeping things private and following rules. People wey dey trade crypto suppose watch out for quick quick changes for price because of government actions, while di long long effect go depend on how government adjust and how di way dem dey wash money change.
Neutral
Di stop wey dem stop eXch na one step forward to stop bad bad tings wey dey happen for crypto world, wey fit ginger di market small for now. But di tori say eXch fit still dey work for behind and say bad guys fit run go anoda kain crypto place like THORChain mean say government wahala still plenty and di main problems no finish. Market fit shiver small small as traders react to wetin dem government dey do and tori say money launder still dey happen, but no clear sign say prices go up or down well well for big big crypto wey dis tin affect directly. Wetin go happen for long run go depend on how government go react and if di new ways dem wan use to stop bad bad transactions go work, so for now, di effect just average.