Posts tagged with "Chainalysis"



First time in history, a crypto mixer put on the U.S. Sanction list to freeze the flow of stolen crypto in the DeFi space - How effective is it?
07. May 2022
n March the Axie Infinity Ronin bridge was hacked and $625 million stolen, supposedly by North-Korean cyber criminals. What is special of the crypto-hack this time? Its scale, one of the biggest in history, its malicious actors, a Nation-backed criminal cyber group (Lazarus), and particularly its novel means of enforcement. In this short article, I provide the details behind and conclude, how effective crypto addresses on a sanctions list are to prevent money laundering in the DeFi space.