Investigators found that the exchange Kyrrex operated inside a larger exchange, HTX, and handled wallets linked to hackers, fraudsters, sanctioned actors and criminal networks.
According to a report by the International Consortium of Investigative Journalists, “dozens of investors” have lost roughly $6.5 million through Kyrrex-controlled wallets.
The investigative report found that the Kyrrex exchange was registered in St. Vincent and the Grenadines and used “nested” operations to hide its affiliation with HTX. The setup made it difficult for regulators to oversee the company’s operations.
According to lawyer Marius Hupkes, who represents Dutch victims, some Kyrrex account openings were clearly fraudulent. They reportedly used fake names, addresses, and PO boxes.
Yet, the crypto exchange claimed to enforce standard know-your-customer and anti-money laundering procedures.
Hupkes’ clients are now suing Kyrrex for $11 million.
The Denial
The deceptive Kyrrex walle
We współpracy z: https://www.coinspeaker.com/secret-exchange-inside-htx-linked-to-10b-scam-network/
