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February 23, 2025 at 12:02 PM
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Bybit requested that eXch freeze funds stolen from them after hackers began laundering #eth through the eXch exchange without KYC, but eXch rejected the request.
The exchange noted: cryptocurrency from eXch had previously been labeled by Bybit as "high-risk" assets. Attempts to resolve the situation with Bybit were unsuccessful, so eXch sees no reason to assist in return.
What will Bybit do now