Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)
Make crypto bots for trading

Chainalysis: Bitcoin is no longer the most popular cryptocurrency among scammers

Bitcoin: Chainalysis: Bitcoin is no longer the most popular cryptocurrency among scammers

Chainalysis, a leading cybersecurity company, recently released a detailed report on digital asset crime in 2023.

The findings show a significant decrease in stolen funds, down 29% from the previous year. In addition, the report shows an overall decrease in illicit proceeds of more than 54%.

In 2022, industry members suffered $39.6 billion in losses due to fraud, hacking, and other illegal activities. However, in 2023, total losses dropped to $24.2 billion, with stolen assets accounting for just 0.34% of total #transactions.

It's worth noting that the original 2022 report estimated losses at $20.6 billion. The increase in this figure can be attributed to the emergence of new circumstances related to the period in question. It is noteworthy that the report includes claims of #FTX creditors in the amount of $8.7 billion. In November 2023, a court found the company's founder #Sam Bankman-Fried guilty of fraud, which allowed experts to include his case in the report.

The Chainalysis team also noted a change in the types of assets most often featured in cryptocurrency theft incidents. While in 2021, criminals predominantly conducted illegal transactions on the bitcoin network, this has changed over the past two years. Criminals are now more likely to use #stablecoins for their criminal activities, such as fraudulent schemes, under-the-table transactions, and asset theft.

However, it is important to recognize that in some cases, criminals still prefer to use the first cryptocurrency, #bitcoin. This is especially true for crimes related to extortion programs and darknet trading.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Press Releases: Celebrates 11th Anniversary with Prize Activities and Vision for the Future, a leading crypto exchange and Web3 innovator, has announced its 11th-anniversary celebrations, showcasing its milestones and launching prize-winning activities for its global user..
Market and Events: Binance launches small and mid-cap initiative
Cryptocurrency trading platform Binance aims to address the prevalence of tokens with low market capitalization compared to their fully diluted value (FDV). To address this issue, Binance is..
Press Releases: Happening Right Now - Marginly is Bootstrapping Liquidity
Marginly, the leverage-as-a-service protocol that enables one-click leverage on yield-bearing assets, kicked off its Liquidity Bootstrap Event on May 15. The protocol is rewarding..
Altcoins: The founder of Telegram commented on the launch of the Notcoin token
Pavel Durov, the creator of the Telegram messaging platform, shared his thoughts on the introduction of the Notcoin (NOT) cryptocurrency. He emphasized that the initiative has attracted more..