Crypto Crackdown? FBI Tracks $35M in Stolen Bitcoin
Federal law enforcement is closing in on a web of digital currency activity linked to one of the largest crypto heists in history. Investigators have traced more than $35 million in stolen Bitcoin connected to the February 2025 Bybit hack — a $1.4 billion exploit that rocked the global crypto market.
The digital trail has led agencies to eXch, a crypto exchange now accused of laundering funds on behalf of North Korea’s notorious Lazarus Group. The FBI, along with international cybercrime units, is coordinating a transatlantic operation to investigate the exchange and recover stolen assets.
Exchange Shuts Down Amid Pressure
In an April 17 statement, eXch announced it will cease operations on May 1, citing what it called a hostile…
