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> There is no mechanism in crypto to reject incoming funds

Couldn't the same be said of a regular bank account? This doesn't seem to be unique to crypto.

Targeting the most prominent wallets may garner a bit more attention but the end result seems the same. A large number of individuals can have tainted funds deposited in their accounts creating a logistical nightmare.

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Your bank has the ability to reject the funds (and some banks will allow you to broadly control deposits with a credit block).

Before posting funds to your account, a bank will scan the funds transfer against sanctions lists and only allow the deposit if there is no hit.

You don’t think someone on a sanctions list attempting to transfer funds to an account holder is going to cause them a problem, regardless of whether it’s blocked?

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