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A statement by Mist Founder Yu Xian (Cos) has revealed a major real-world challenge in anti-money laundering (AML) in the crypto industry. After tracking Bitget hackers’ money-laundering activities for hours, Cos found that cross-chain bridges such as Chainflip are not necessarily taking no interception action—but rather their AML/KYT response speed may already be too slow to keep up with the pace of hackers’ automated laundering.
How complex are hackers’ laundering paths? 🔴 Step 1: Automated splitting of funds Quickly break stolen assets into many smaller amounts, increasing the difficulty of tracing and identification. 🔴 Step 2: Multi-chain cross-bridge transfers Use different cross-chain bridges to distribute and move funds across multiple blockchains. Once a route is blocked by risk controls or funds are reverted, they immediately switch to another route. 🔴 Step 3: Convert to Bitcoin Continuously transfer assets via various on-chain channels, and ultimately convert the funds into BTC, further increasing the complexity of tracking. 🔴 Step 4: CoinJoin coin-mixing Use the CoinJoin transaction mixing mechanism to obscure links between funds, making subsequent tracing and identification harder.
⚠️ What’s truly worth关注 is not just how hackers launder money, but the speed gap between attack and defense. When hackers use automation programs to quickly split assets and switch cross-chain routes, risk identification, address tagging, and manual coordination-based risk control systems may fail to complete responses in time. This also means that simply blocking funds via a single cross-chain bridge is no longer enough to deal with highly automated, cross-chain coordinated laundering.
Security competition in the crypto industry is shifting from purely technical defenses to a comprehensive contest involving on-chain intelligence, real-time monitoring, automated risk control, and cross-platform collaboration. In the future, what deserves real attention is not only whether projects can recover funds after a hack, but also whether—during the critical window when funds are moving across chains—they can promptly identify risks and take action. #以太坊三季度涨70.9% $BTC
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‼️$DOGE 🧧 Reward is here ‼️ I’m sharing $DOGE 🧧 rewards with the community as a Bigger thank-you. ✨ Just claim your reward and enjoy! ✨ Claim it. Get rewarded
Bitcoin in China: Estimates put China national Bitcoin holdings at approximately 194,000 $BTC This refers to estimated national holdings, not individual investors. 📊
🔥 Major catalyst—new Meme super hot-spot is coming!
Everything is numbers—where did it originate from, in just one or two posts? Everything is numbers; the Dao is simple.
▫ A strong trend signal ▫ Community consensus is going wild—stacking nonstop! ▫ Public-domain traffic explodes across the board
“Target Plan” ▪ First goal: break through the remaining two zeros ▪ Second goal: go straight for Alpha III
24-hour live broadcast|community-made Led by the CTO, seize the momentum where crypto and equity move together—strong listing An Alpha
Together we move forward, creating the future —Everything is numbers
Ready? Buckle up. Be prepared to go for Alpha at any time. Hold your coins steady—everything is numbers is about to take off! $AAPL.US $NVDAB $BTC #美元指数创2025年5月来新高 #Anthropic最早11月中旬IPO #BTC☀ #meme板块关注热点
‼️$DOGE 🧧 Reward is here ‼️ I’m sharing $DOGE 🧧 rewards with the community as a Bigger thank-you. ✨ Just claim your reward and enjoy! ✨ Claim it. Get rewarded