Uniswap the Decentralised exchange has blocked 253 crypto addresses over the last four months that it worked with TRM Labs, which is a blockchain analytics firm. The reason behind the blocking was tied to connections with stolen funds.
This makes it the first ever time Uniswap disclosed data which is related to wallet blacklisting. These stolen funds were related to transaction mixing services that included Tornado Cash which was received as sanction from the US Treasury.
This data regarding embezzlements was furnished on GitHub by Uniswap software engineer Jordan Frankfurt. According to Yearn Finance developer Banteg had posted a tweet which comprised that Uniswap had blocked 253 crypto addresses.
It stated in one of the tweets, “Uniswap has provided an unusual level of transparency,” Banteg said in regard to “frontend censoring via TRM Labs”. Uniswap had recently struck a partnership with TRM Labs this year in the beginning and the organisation is responsible for blacklisting...
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