CoinBot.thor

When we first started seeing illicit flows on THORChain, our team bridged the gap for wallets and integration partners, helping them integrate screening services like @elliptic. I am pleased to that @SwapKitPowered and @RangoExchange offer this solution to their partners. Any frontends integrating L1s directly should follow suit. Everyone needs to work together to make a best effort at stopping these flows to the best of our ability without compromising L1 integrity. It’s our job as L1 operators to ensure the 2nd and 3rd layers (aggregators and frontends) conform with industry best practices. We do this because in the absence of providing such guidance, governments will attempt to shut down L1s, thus depriving the world of valuable public utility infrastructure. Last thought: communities on both sides love taking times like these to point out illicit flows on competing platforms. It’s a cheap shot, and I won’t tolerate those in the THORChain community who take this opportunity to kick Chainflip while they’re taking heat. As a team that’s been through it before, and felt existential heat, we know how it feels. Keep fighting the good fight. DEX > CEX