Plastron Blog — Page 5
Travel Rule vs KYT: Do Crypto Compliance Teams Need Both?
The Travel Rule and KYT get treated as interchangeable compliance checkboxes. One shares identity data once; the other screens a wallet's on-chain exposure continuously. Here is what each actually catches, and what a monitoring-only gap costs when it fails.
OTC · 2026-09-07 · 5 min readThe $504 Million Reason OTC Desks Screen Your Wallet First
A wallet whitelist form before a trade clears isn't friction. It's the same AML law that covers a $50 exchange deposit, with a bigger check to write if it's skipped.
USDT · 2026-09-06 · 4 min readTether Can't Freeze Your USDT Without a Warrant. It Did Anyway.
In October 2025, Tether froze $42.4 million in USDT on one agent's phone call, four months before a judge signed a warrant. Two Thai businessmen are suing over it.
data report · 2026-09-05 · 5 min readPlastron's Wallet Data: 86% of Flagged Wallets Are Scams
Scam-labeled wallets make up 86% of Plastron's 3,901-address dataset, dwarfing hack exploiters and the separate 780-entry OFAC list, and the skew matches Operation Atlantic and Chainalysis's own numbers.
Wallet Screening · 2026-09-04 · 6 min readWhy Does Polymarket Flag or Freeze Your Wallet Before You Trade?
A blocked wallet on Polymarket usually traces back to a sanctions match, a mixer link, or a fingerprint collision - not something you did in the app itself.
Sanctions · 2026-09-02 · 5 min readThe EU Just Sanctioned HTX - Does Your Wallet Get Flagged Too?
The EU just banned dealing with HTX, and the UK moved first in May. Here is what an entity-level sanctions listing actually does to a wallet that used the exchange, and what it does not.
OFAC · 2026-09-01 · 8 min readFinCEN vs OFAC: Which Agency Actually Freezes Your Crypto?
OFAC and FinCEN are not the same job. One runs a sanctions blocklist with no discretion; the other runs a reporting program built on judgment. Here is what each one actually checks, and where a single $4.3 billion Binance settlement shows the difference.
Wallet Screening · 2026-08-31 · 7 min readCan Wallet Screening See Restaked ETH After the Kelp DAO Hack?
Kelp DAO's rsETH holders learned the hard way that a clean wallet score doesn't cover every layer of a restaked position. Here's the exact gap and how to check for it.
AML · 2026-08-30 · 5 min readDoes an Airdrop Sybil Flag Mean Your Wallet Failed AML Screening?
Losing an airdrop to a sybil filter feels like a compliance problem, but it isn't the same check. Here is what sybil detection actually looks for, how it differs from sanctions and stolen-funds screening, and when a sybil-flagged wallet can genuinely fail an AML check too.
Travel Rule · 2026-08-29 · 6 min readTravel Rule Sunrise Issue: Why Compliant Transfers Stall
A compliant exchange can still stall your crypto transfer because the Travel Rule rolled out on staggered timelines worldwide. Here's why the sunrise issue happens, what FATF's June 2025 update changed, and what to do if your transfer is stuck.