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This has always been my idea for how I would try to extract a large amount of money if I ever managed to hack a big Defi protocol. Distract exchanges and regulators by splitting the stolen proceeds into tons of tiny amounts, send most of it to random famous accounts in small chunks, and have some of it go to my accounts which have been set up ahead of time to look like innocuous whales.

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Just mix it into a few different addresses and sell yourself some NFTs.

with chainanalysis this would never work, eventually you have to pool the coins somewhere or funnel them through an exit, both of which will be obvious with analysis software

If you're okay with losing a decent percentage and have enough addresses that are "warmed" up with other activity, you could create enough ambiguity, no?

Funneling them through the exit seems harder

patterns will emerge eventually as you try to reconcile more and more of your scattered eth

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