Secret Exchange Inside HTX Linked to $10B Scam Network

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 wi ...