洗钱问题

The cryptocurrency industry is deeply entrenched in security dilemmas, ZachXBT addresses the challenges of hacking and money laundering

Blockchain investigator ZachXBT bluntly states that the cryptocurrency industry is overwhelmed in dealing with hacking and money laundering issues.

After participating in freezing funds involved in the recent Bybit hacker attack, he expressed deep concern about the state of the industry, feeling despair over the security measures and incident responses of both centralized and decentralized services.

When discussing 'systemic failures,' ZachXBT pointed out that the fundamental flaws of decentralized and centralized platforms lead to numerous security vulnerabilities. Some 'decentralized protocols' have nearly all their transaction volume and revenue coming from illegal actors like North Korea, yet these platforms do not take responsibility for facilitating illegal financial activities.

Centralized exchanges are slow to respond to verified threat intelligence, with stolen assets being laundered within minutes. At the same time, 'Know Your Transaction' (KYT) solutions are often easily circumvented, and 'Know Your Customer' (KYC) measures fail due to data breaches and account trading inefficiencies. This further highlights the security vulnerabilities in the crypto industry and the lack of financial regulation.

When discussing 'barriers to effective solutions,' ZachXBT acknowledged the risks of excessive government intervention but also questioned whether the industry can effectively self-regulate. He noted that large exchanges lack a quick response mechanism when facing hacking attacks, provide insufficient support to victims, and are known for trying to evade responsibility and refusing to return stolen funds.

Meanwhile, centralized stablecoin issuers do not ban addresses directly associated with major hacking events, allowing wrongdoers to continue evading justice, even though compliance tools used by large companies like Coinbase and Circle cannot regularly identify illegal activities.

Even some decentralized protocols, with most of their transaction volume coming from illegal channels, have not reassessed their own designs, and new blockchain networks and cross-chain bridges similarly neglect fundamental analysis and security safeguards.

Furthermore, over-the-counter trading clusters operating on Tron are almost entirely outside of regulatory oversight, resulting in a continuous flow of illegal funds and transactions, with wrongdoers maintaining the upper hand in this contest.

What do you think the cryptocurrency industry should do to address these security dilemmas? Is stricter regulation needed, or does the industry itself need to make more efforts?

#加密货币安全 #黑客攻击 #洗钱问题 #行业监管