Chainalysis: Less than 1% of on-chain funds linked to illegal activity
Eric Jardines, head of research at blockchain analytics firm Chainalysis, said that while crypto crime is significant in dollar terms, it is still relatively small: less than 1% of on-chain value is linked to illegal activity, and fraudulent methods such as “piggybacking” are the dominant means by which crypto crime is currently committed. Fraudulent methods such as “piggybacking” are currently the mainstay of crypto crime.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yunfeng Financial donates HK$10 million to support Hong Kong fire rescue efforts
Data: A trader opened a BTC long position worth $84.19 million on Hyperliquid
Trending news
MoreData: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.
Qian Fenglei, Chairman of Hengfeng International Group, donates HK$12 million to urgently support the fire rescue at Hong Fook Court in Tai Po.
Crypto prices
More
