Block failed to properly monitor high-risk Bitcoin transactions, including those linked to mixers and terrorism-related wallets, which allowed largely anonymous transfers to proceed without proper scrutiny
Claim
Quotes that support claims
Monitoring of Bitcoin transactions linked to terrorism-related wallets and mixers was inadequate.
Block’s lax treatment of high-risk Bitcoin transactions allowed largely anonymous transactions to proceed without proper scrutiny," the regulator said.
Referenced by
Crypto oversight gaps
Crypto news
Data block