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Placement
Typical severity: HIGH

High-Risk Exchange Adjacency

The transfer graph connects the wallet to a high-risk exchange cluster — typically one with weak or absent KYC.

Why it matters

High-risk exchange exposure increases the odds of freeze action or a counterparty review at the next hop, especially for issuer-controlled assets.

How we detect it

Trace the transfer graph and match counterparties against curated high-risk exchange labels, weighting severity by hop distance.

Example evidence

A transfer chain linking the wallet to a labeled high-risk exchange cluster.

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