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Issuer Blacklists Recovered Nothing in 60 Crypto Exploits, Blockaid Finds

The Defiant·October 20, 2026·1 min read
Issuer Blacklists Recovered Nothing in 60 Crypto Exploits, Blockaid Finds

Blockaid found that issuers blacklisted recovered nothing in 60 crypto exploits between January and August. Victims got back $9.8 million of the $1.18 billion traced, and every dollar frozen or returned came through governance or validator action. The findings highlight the limited effectiveness of blacklisting in recovering stolen funds.

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