ZachXBT highlights severe issues in the crypto industry, emphasizing the need for improved security and regulatory compliance. He cites the Bybit breach as an example of the industry’s ongoing vulnerabilities, criticizing decentralized protocols for failing to enforce accountability.

The investigator warns that centralized exchanges are becoming increasingly slow in addressing illicit transactions. He suggests that government intervention might be required to impose effective regulations, as the current practices do not adequately protect against exploits, such as the 1.4 billion USD laundering linked to DPRK.