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Sanctioned Funds Disguised as Microtransactions | Bitcoin and Crypto News
Description
Kraken faces a brazen crypto “dust attack” where 12,000 tiny transactions from sanctioned HTX wallets flooded user accounts—aimed at weaponizing blockchain transparency to evade EU sanctions. Kraken swiftly restored access while holding funds, partnering with authorities to track the perpetrators, while HTX denies responsibility, investigating misidentification or third-party involvement. This escalating tactic underscores a growing threat: using public ledgers to circumvent financial controls, forcing exchanges and regulators into a high-stakes game of digital cat-and-mouse.
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