Ren responds to cross-chain bridge being used for money laundering: all transactions in the cross-chain process are transparent and traceable

08/12 14:31

Ren, a cross-chain protocol, said on its social media platform that all transactions in the protocol's cross-chain process are transparent and traceable, and that users can check the details of any transaction through the Ren browser. As previously reported, on 10 August, blockchain analytics firm Elliptic said that the cross-chain protocol Ren Bridge had been used to launder at least $540 million in illicit funds.
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