Cryptominals are increasingly striving to evade detection, moving assets between a multitude of blockchain ecosystems in an effort to remove researchers from their path. 20% of the complex cross -chain investigations now cover more than 10 different blockchains, according to new data from the Blockchain Elliptic analysis firm.
Elliptical found that a third of the complex cross -chain investigations involved four or more blockchains, and 27% involved more than five.
Jackson Hull, director of elliptical technology, told Coindesk that, although the crossed chain crime has existed, as long as there are multiple blockchains, the volume of cross chain crimes has increased “quite dramatically” in the last five years as the cost of changing ecosystems has decreased and the number of options to change.
Although there are many non -criminal reasons why someone would want to move active among cryptographic ecosystems, Hull said it is also a very common obfuscation tactic for computer pirates and other criminals who want to wash money and cover their traces.
Hull said that elliptical has recently expanded its coverage to admit 50 blockchains, which means that researchers who use elliptical software can easily track funds that move between any of the covered block chains, or pass through any of the “more than 300” elliptical software support. Hull added that elliptical can add a new block chain to its coverage in just three weeks.
“The most important, risky and high -risk investigations are where the [bad] The actor is trying to wash, hide or obfuscate the funds so that they appear more and more in these block chains, “said Hull.” So that is really what drives it. “
Elliptico helped the US police in his recent demolition of Crypto Exchange Russian Exchange Guarantex sanctioned, which was popular between the ransomware gangs and the Russian oligarchs that sought to evade the sanctions. After the demolition, the exchange has tried to change Grinex’s name.
