SlowMist's Cos: Chainflip bridge blocks North Korean hacker money laundering, but AML/KYT speed lags behind
Odaily report: According to monitoring by SlowMist's Cos, the Chainflip bridge is attempting to block North Korean hacker money laundering, but the response speed of AML/KYT lags behind the speed of money laundering. Money laundering groups use automation to split funds into large numbers of small amounts, transferring them across chains through various bridges; if funds are intercepted or returned by risk controls, they immediately try the next money laundering path, ultimately converting to BTC and continuing to obfuscate the source of funds through CoinJoin. This money laundering operation is still continuously evolving.
The report shows laundering groups use cross-chain bridges like Chainflip to split funds and eventually convert to BTC via CoinJoin, while Chainflip's AML/KYT controls lag behind these automated tactics. This implies rising compliance pressure and potential regulatory scrutiny for bridge protocols, which could affect trust and usage, but no actual hack, capital loss, or fund-flow change has occurred. The market impact is indirect and mixed, so the short-term signal is neutral (weak).