One wallet from a mainstream exchange received $19.1 million from ransomware addresses and $14.1 million from mining pools.
While good actors within the crypto space channel their creativity toward building new things, bad actors use the same energy to devise more ingenious ways to hide their ill-gotten gains.
According to the firm, a highly active wallet address from what it described as a “mainstream exchange” has received funds from wallets and mining pools linked to ransomware. The deposit address received almost $100 million in digital assets, with $19.1 million coming from ransomware addresses and $14.1 million from mining pools.
Graph showing how a wallet linked to ransomware sends funnels funds through a mining pool. Source: Chainalysis
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