Warning to WhiteBit and Bestchange users who also use eXch:Ukrainian service AMLBot and exchange WhiteBIT (registered in Lithuania with ukrainian and ex-russian citizen shareholders)
have decided to start a malicious campaign against eXch.
Now any funds outgoing from eXch wallets
0xf1da173228fcf015f43f3ea15abbb51f0d8f1123 and
bc1qu2dq8w8lv8v3l7lr2c5tvx3yltv22r3nhkx7w0 will be marked as "high risk" by the ukrainian risk-screening service "AMLBot" and therefore any services using them, that are gladly a vast minority on the entire market: the WhiteBIT exchange and around 50% of the Bestchange-affiliated exchangers.
It is widely known that eXch wallets
0xf1da173228fcf015f43f3ea15abbb51f0d8f1123 and
bc1qu2dq8w8lv8v3l7lr2c5tvx3yltv22r3nhkx7w0 contain only funds that are considered "clean" (in Bitcoin enemies terminology) and it is absolutely no chance that "high-risk" funds would enter these addresses due to our robust coin filtering mechanism that helps us to maintain two types of coin pools.
However, since AMLBot (and therefore WhiteBIT) teams don't like the fact our team knows many details about their shady past, they decided to attack our exchange in this specific way in attempt to influence other exchanges/risk providers which ain't going to work.
Just a few preliminary details about WhiteBIT exchange before we release a full disclosure of their true origins with many facts and screenshots of presence of their team members and investors on old russian carding forums and their past activities (or in other words how "black" turned "white" in "WhiteBIT"):
Everything you need to know about WhiteBIT exchange is that their statistics on CoinMarketCap and CoinGecko are overinflated and falsified by employing their own exchange token called WBT that they print out of the thin air to
inflate their liquidity and manipulate the volume.
According to Arkham entity data (
https://platform.arkhamintelligence.com/explorer/entity/whitebit), WhiteBIT's total on-chain holdings are reported to estimate at
~2.295 billion USD, while
~2.285 billion USD of these holdings are solely the
WBT token, leaving approximately only
~10 million USD in real on-chain assets consisting of other coins, which is even less than estimation of on-chain holdings of eXch.
WBT token is not backed by anything at all and might cause serious issues for WhiteBIT in the near future once there is a proper investigation started by the competent law enforcement and regulatory entities due to massive wash trading on WhiteBIT.
By taking a brief look at their Ethereum address at
https://etherscan.io/address/0x39f6a6c85d39d5abad8a398310c52e7c374f2ba3, anyone can see that
their ETH on-chain capital rounds at 1 million USD with a rest of ~9 million USD in other meaningful and not-so-meaningful tokens, which is not natural for a centralized exchange that calls themselves
"the biggest crypto exchange in Europe".
The ~99% of their on-chain capital is their "self-printed" WBT token which they pump by abusing their listing status at CoinMarketCap and CoinGecko employing a variety of known techniques used by typical shitcoin actors in pump-and-dump schemes.
The above data confirms that WhiteBIT is really a small exchange that is inflating their market statistics using their WBT token.However, good news is that eXch is here to stay and make its fight into the bright non-KYC future, therefore the pathetic attempts to throw shade at our name coming from actors like AMLBot and WhiteBIT will always be futile.
On that note, we are providing a comprehensive list of (relevant) centralized exchanges that have absolutely
no issues accepting deposits from eXch main addresses:
Bybit,
Binance,
Coinbase,
Gate.io,
HTX,
Kraken,
MEXC,
Gemini,
OKX,
Kucoin,
Poloniex.
We also inform our customers that any other centralized services, wallets and exchanges not from the list above and that do not perform their risk screening through the malicious "AMLBot" service continue to accept deposits from eXch addresses
just fine and without any issues. Note also that
NONE of other relevant chain intelligence or risk-screening providers mark us high-risk (some examples are TRM, Chainalysis, Elliptic).
At this point eXch remains:
- The centralized non-KYC exchange #1 with daily trading volumes approximating at 150-200 BTC (which indicates a top-30 or even a top-20 rank in centralized exchanges)
- The centralized non-KYC exchange #1 with the on-chain capital estimating at ~15.000.000 USD (now with a proper support team also)
- The only fully non-KYC exchange with genuine and authentic on-chain trading data and volumes being continuously ignored on purpose by CoinMarketCap, CoinGecko and DefiLlama because their holders believe privacy is a crime, even that they perfectly know that their market data and statistics are incomplete without exchanges like ours.
We therefore declare that privacy is NOT a crime.To all our haters and enemies we wish best of luck.
