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LCX

avoid.net/lcx54/100·72% conf.
[VERIFIED][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·6MXxv8…4yDx

Summary

LCX (Liechtenstein Cryptoassets Exchange) is a regulated crypto exchange and tokenization platform headquartered in Vaduz, Liechtenstein, holding eight registrations under the Liechtenstein Financial Market Authority (FMA) pursuant to the Token and Trusted Technology Service Provider Act (TVTG). In January 2022 the exchange suffered a hot wallet compromise in which approximately $7.94 million in crypto assets were stolen, with stolen funds rapidly laundered through Tornado Cash; LCX subsequently used its own funds to compensate affected users and cooperated with international law enforcement to freeze an alleged 60% of stolen assets. The exchange is flagged by ZachXBT and carries a below-average trust score primarily due to the 2022 hack, ongoing user complaints about withdrawal delays and account freezes, and the broader security posture concerns that led to the compromise.

Connected Entities

1 entities
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LCX
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    Timeline(11 events)

    2018

    LCX (Liechtenstein Cryptoassets Exchange) founded by Monty C. M. Metzger in Vaduz, Liechtenstein.

    30 December 2020

    LCX AG receives eight registrations from the Liechtenstein Financial Market Authority (FMA) under the TVTG Blockchain Act.

    September 2021

    LCX launches a bug bounty program on HackenProof following a Hacken security assessment.

    8 January 2022

    Hot wallet hack occurs between 11:23 PM–11:37 PM CET; approximately $7.94M in crypto assets drained. Stolen funds laundered through Tornado Cash within 1.5 hours.

    9 January 2022

    LCX publicly discloses the hack, suspends deposits and withdrawals, notifies Elliptic and law enforcement in Liechtenstein.

    9 January 2022

    Monerium freezes approximately 611,000 EURe on-chain; 500 ETH frozen at Coinbase Europe via Liechtenstein court order through Irish law enforcement.

    28 January 2022

    LCX resumes all deposits and withdrawals; affected users compensated from LCX's own funds.

    June 2022

    LCX files complaint in New York Supreme Court. A temporary restraining order is served on the anonymous defendant via NFT airdrop — alleged first use of NFT legal service in history. 1.3M USDC frozen by Centre Consortium.

    October 2022

    LCX relaunches its exchange with updated infrastructure under continued FMA regulation.

    24 December 2024

    LCX files pre-application for Pan-European MiCA license in Liechtenstein.

    February 2025

    Liechtenstein implements MiCAR; LCX files formal MiCA license application.

    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (5 events). 11 of 19 cited source URLs have an Internet Archive snapshot.

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:51 AM

    last updated: 9/1/2026, 4:16:56 AM

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