Crypto Crime Drops Significantly in 2023 Despite Rising Token Prices
According to blockchain data firm Chainalysis, cryptocurrency-related crime has decreased by 65% this year compared to 2022. Scammers have seen a significant drop in revenue, earning 77% less than they did in the first half of 2022. Despite the decrease in scams, ransomware attacks are on the rise, with attackers extorting at least $449 million through June.
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Crypto Crime Drops Significantly in 2023 Despite Rising Token Prices
According to blockchain data firm Chainalysis, cryptocurrency-related crime has decreased by 65% this year compared to 2022. Scammers have seen a significant drop in revenue, earning 77% less than they did in the first half of 2022. Despite the decrease in scams, ransomware attacks are on the rise, with attackers extorting at least $449 million through June.