SlowMist Founder Yu Xian: Chainflip AML Response Lags Behind North Korean Hackers
SlowMist founder Yu Xian (余弦) reported that while the cross-chain protocol Chainflip has attempted to block money laundering by North Korean hackers, its AML/KYT response speed remains insufficient. Hackers are utilizing automated fund splitting and various cross-chain bridges to move assets, eventually converting them to Bitcoin (BTC) and using CoinJoin to obscure transaction trails. The hackers' money laundering operations continue to evolve rapidly.
Summaries are written by AI from the original article. Not investment advice.