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A crypto user was moments away from transferring $80,000 to a wallet later flagged for terrorism financing. Unaware of the high risk, they nearly approved the transaction until a last-minute alert from a Web3-friendly browser extension intervened — averting both financial loss and potential legal consequences. This near miss showcases how crucial proactive protection is as Web3 adoption accelerates.
This seems like a dangerous trend. Also concerning that cointelegraph.com is basically PROMOTING this. I wonder who's setting the criteria, for what is "flagged for terrorism financing".
And also - if the transfer is occurring to a fresh receive address - how could anyone know that it's "linked to terrorism"?