This Ukrainian Startup Is Looking to Automate Crypto Crime Reporting Using Smart Contracts, AI

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This Ukrainian Startup Is Looking to Automate Crypto Crime Reporting Using Smart Contracts, AI
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.hapi_labs has launched a tool to report fraudulent crypto wallets for a reward, in partnership with CyberpoliceUA. One key target: financing for Russian separatists in Ukraine. baidakova reports

. Even after this “season” is over, the hunting for criminal crypto will not stop but continue on a new website.It works like this: A user signs up via a Telegram bot, fills out a form and submits a blockchain address and a screenshot proof that the address is being used for criminal purposes.

For now, rewards are being distributed manually every two weeks, but in future HAPI wants to automate the reward distribution using smart contracts. The community might also have a vote soon as to whether to replace the HAPI token with a stablecoin as a reward, Letsyuk said. He added that since Scamfari OSINT launched in beta last week, over 15,000 addresses have been submitted, including the wallets raising funds for Russian mercenaries fighting in Ukraine.

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