Tag Archives: Kim Grauer

According to a new document published by blockchain analysis firm Chainalysis, nearly $9 billion in crypto funds were laundered last year by cybercriminals. Overall, as much as $8.6 billion was placed in illegitimate projects and companies or washed to appear legitimate. Chainalysis Says Nearly $9 Billion Was Laundered The good news is that while this number is about 30 percent larger than the number witnessed in the year 2020, it is considerably smaller than the $10.9...

The crypto space saw unprecedented growth last year, and unfortunately, this led to a heavy surge in crypto-related crime. According to a new study conducted by blockchain analysis firm Chainalysis, illicit activity in the crypto space saw approximately $14 billion in crypto go to scam or fraudulent addresses. Chainalysis: The Amount of Crime Nearly Doubled in 2021 Compare this number with the $7.8 billion that was stolen in the year 2020. From one year to the next, the...