amlbot

According to information forwarded by ZachXBT and released by the on-chain analysis firm AMLBot, one of the addresses mistakenly frozen by Circle in a civil case, 0xb25ea1d493b49a1ded42ac5b1208cc618f9a9b80, is related to the DFINITY ecosystem.The accompanying operational guidelines indicate that this address is involved in the cross-chain exchange process between ETH and ckETH. After users deposit ETH, the ICP side contract mints ckETH and, when needed, exchanges ckETH back to ETH on Ethereum, which is typical of operational/bridging service wallets. Last night, it was reported that ZachXBT expressed doubts about Circle freezing 16 business hot wallets of USDC.

The latest report from AMLBot shows that between 2023 and 2025, Tether has frozen a total of 7,268 addresses through its freezing mechanism, involving $3.29 billion USDT, with over 53% of the frozen USDT located on the Tron network.In contrast, Circle has only frozen 372 addresses, amounting to $109 million USDC, a scale difference of 30 times. The strategies of the two are completely different. Tether adopts a proactive enforcement model, collaborating with 275 law enforcement agencies worldwide, allowing it to actively freeze suspicious addresses and support a destruction + reissuance mechanism to return funds to victims. In July 2024 alone, over $130 million was frozen, including $29.6 million related to the Cambodian Huione Group.Circle, on the other hand, only responds to court orders and regulatory requirements, with its freezing actions being rare but concentrated, and it does not support a destruction and reissuance mechanism.

ChainCatcher news, according to Cointelegraph, AMLBot CEO Slava Demchuk pointed out that in the first half of 2025, cryptocurrency-related crime losses in Asia have exceeded $1.5 billion, surpassing the total for the entire year of 2024. Analysis shows that unauthorized over-the-counter trading and mobile payment channels in Southeast Asia have become new tools for money laundering.The report suggests that blockchain analysis companies need to establish regional risk databases and collaborate with local law enforcement. Countries like Thailand and Malaysia have achieved a reduction in the time for fund freezing from months to hours through public-private partnership models.