WebX 2025 - Following the Crypto Money (S4E2)

While the main stage at WebX Tokyo buzzes with talk of billion-dollar ETFs and institutional adoption, there’s another, shadow economy at play—one that operates on the very same rails we’re trying to build. Hacks. Scams. Sanctions. It’s a multi-billion dollar problem. Just last year, over forty-one billion dollars in on-chain value was transferred to illicit addresses. So how do we build a…