ZachXBT said that recent UK sanctions have led to a large number of on-chain addresses being “contaminated,” causing risk labels to gradually lose their meaning. He believes that has a large number of Asian retail users, unlike high-risk platforms such as Huione and Hydra, and criticized regulators for overlooking a money laundering case involving $1.25 billion—yet choosing to sanction . Earlier, FixedFloat announced it would pause processing funds from and conduct additional reviews.

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