In order to achieve success in any of these endeavors, the individual responsible must disrupt the chain of traceability that connects the funds to the compromised wallet before converting it into cash – a difficult task, it appears. Traditionally, crypto mixer platforms such as Samourai Wallet or Tornado Cash – where the scheme originated – would have offered a convenient means to wash the funds. However, due to increased scrutiny from US regulatory authorities, these services are no longer a feasible choice for criminals.
