Comment: KuCoin thieves report increasing risk of using DeFi for money laundering.

2020-10-1 20:58
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According to a Forbes journal article, KuCoin thieves are reporting the risks of using DeFi for laundry. The new DeFi design comes with a number of risks, including the lack of KYC / AML measurement and lack of protection in the industry. Without protection, the number of "terrorists" will increase, the earth will be in danger and parts of the DeFi project will commit the incredible series of laundries and financial assaults. . And this isn't the first time DeFi has been used for laundry.

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Selling Stolen KuCoin Tokens Worth $ 17.1 Million On Chat
London-based data firm Elliptic reported that of the 281 million tokens stolen from KuCoin, $ 17.1 million were sold on the exchange, Cryptopotato reported. Most of the related exchanges include Uniswap, Kyber Network, DEX.AG, 1inch.exchnage, and Tokenlon. The tracker said that on the exchange all transactions are recorded on a chain, which helps track income.
2020-10-1 20:17