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The laundering so far has been "highly complex and clearly automated," Elliptic said. It has used more than 20,000 wallets on 16 blockchains, at least 36 services and at least 65,000 transactions, roughly one new wallet every 30 seconds.
About 33 BTC, worth around $2.5 million, has gone through Wasabi-style coinjoins, and about $1.1 million in ETH and SOL has been deposited into the Privacy Cash pool, which paused deposits for about a day.
On Friday, the exchange said users could now verify that their balances are backed at least 1:1 using the zero-knowledge proof for its latest proof-of-reserves snapshot