Golden Finance reported that non-KYC centralized exchange eXch denied allegations of its involvement in money laundering, although blockchain analysis showed that ETH related to the stolen funds of Bybit was transferred to eXch and its ETH reserves showed significant growth over the weekend. eXch admitted to handling some of the funds in the "isolated case" but refused to block the wallet address marked by Bybit as malicious, believing Bybit "actively undermined eXch's reputation." Blockchain analyst Nick Bax estimates eXch handled about $30 million in transactions for North Korea in one day. In addition, eXch has recorded an unusually high ETH trading volume in the past 24 hours, reaching 20,000 ETH, while its normal trading volume is only 800 ETH.