<ul><li>No-KYC exchange, eXch, has experienced a 900% surge in Ethereum reserves amid allegations of laundering funds from the $1.4B Bybit hack.</li><li>Significant fund movements were traced to North Korea’s Lazarus Group, sparking concerns over decentralized exchanges.</li><li>Bybit and security firms called for stricter risk controls, while eXch denied systemic wrongdoing and pledged donations to privacy-focused initiatives.</li><li>The situation raises questions about the role of non-KYC exchanges and the balance between financial privacy and combating cybercrime in the crypto industry.</li></ul>

Ethereum Trading Volume Spikes Amid $1.4B Bybit Hack Investigation

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