Uniswap Labs, the company behind the development of leading Ethereum exchange Uniswap, has begun blocking addresses associated with illegal activity at the front-end level.
Blockchain data monitoring is implemented in conjunction with the TRM Labs platform. Second, it flags crypto wallets that can be associated with hacker attacks, fraud, terrorist financing, ransomware, human trafficking, as well as verified addresses.
The FAQ on the company’s website reads, “It is Uniswap Labs’ policy to prevent our app from being used by people who engage in illegal activities.”
At the time of writing, the number of blocked addresses is unknown.
Earlier, Ethereum mixer Tornado Cash began blocking addresses that fall under the sanctions of the US Treasury Department’s Office of Foreign Assets Control.
Source: Fork Log
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