Friday, November 15, 2024
HomeBTCNew Heights for cryptocurrency-based crime in 2021

New Heights for cryptocurrency-based crime in 2021

Data firm chainalysis claims cryptocurrency-based crime reached an all-time high in 2021

Following were the analysis data group chainalysis made:

  • Overall legal payments also hit an all-time high.
  • criminal transactions employing cryptocurrencies totaled $14 billion, which took 79 percent rise from 2020.
  • cryptocurrency payments increased 567 percent year over year to $15.8 trillion.
  • Illegal transactions accounted for 0.15 percent of total transactions.
  • Scams shot up by 82 percent from the preceding year.
  • illegal addresses presently hold at least $10 billion in cryptocurrencies.

That’s it for now. Have a nice day reader 🙂

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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