sanctions screening is underpricing event-driven flows
Historically, stretches where sanctions screening leads without support from liquid staking invite sharper reversals.
Cycles rhyme, but the plumbing underneath keeps changing.
Put beside current chatter on “Elliptic Flags First Bitcoin Mixing of Binance Hack Proceeds,” the incentive problem looks clearer.
Useful frameworks survive longer than seasonal slogans.
The loudest story is not always the decisive one.
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