North Korean hackers who stole $600M from Axie Infinity are still laundering their haul, recently moving $4.5M of ETH, after the US tried to freeze those assets
Despite U.S. law enforcement identifying the Lazarus Group as the thieves, the hackers have laundered 17 percent of their $600 million haul
You could, of course, try and prevent this, by sanctioning any wallet that interacts with Tornado Cash, any wallet that interacts with any thus sanctioned wallet, and so on recursively. But, oops, you've effectively banned crypto
Remember when crypto people were writing that the blockchain meant that laundering $600m of stolen funds would somehow be harder than if you did it in cash https://www.washingtonpost.com/ ...
It is time to treat the Ethereum 100 tornado cash pool as DPRK money. If someone wants to withdraw from that pool and not have it considered DPRK-dirt, require that they publish the receipt to prove it isn't and remove that TX from the anonymity set. https://twitter.com/...