# No-KYC Exchange eXch Shuts Down Amid Prosecutorial Threats

*Author: Bankless*
*Published: Apr 18, 2025*
*Source: https://www.bankless.com/fr/read/no-kyc-exchange-exch-shuts-down-amid-prosecutorial-threats*

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eXch, a non-KYC crypto platform, is shutting down due to prosecutorial pressure related to alleged money laundering activities linked to North Korea’s Lazarus Group.

## **What’s the Scoop?**
- **Regulatory Pressure**: Non-KYC exchange eXch decided to shut down following scrutiny from prosecutors tying the platform to money laundering activities and links with North Korea's Lazarus Group.
- **Decentralization Debate**: The shutdown reignites discussion on whether decentralized platforms should take active steps to block illicit funds while maintaining core crypto principles.
- **Industry Scrutiny**: The event raises questions about the future of non-KYC platforms in an environment increasingly shaped by regulatory demands.