Uniswap Labs, the main developer of the Uniswap decentralized exchange protocol, has begun blocking crypto wallet addresses that are found to be engaged in illegal activity from its app’s frontend.
Uniswap Labs has partnered with the blockchain analysis firm TRM Labs for this initiative, according to an FAQ section of its website updated this week.
TRM Labs flags crypto wallets for Uniswap that are likely to be linked to illegal behavior such as sanctions, terrorism financing, hacked or stolen funds, ransomware, human trafficking, and child sexual abuse material.
It is unclear how many wallet addresses have been blocked by Uniswap thus far. The Block has reached out to Uniswap for comment and will update this story should we hear back.
Blocking trend
The move is similar to Tornado Cash, a popular Ethereum mixer, which last week started blocking crypto wallet addresses sanctioned by the Office of Foreign Assets Control (OFAC) — an enforcement agency of the US Treasury Department
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