Cryptocurrency-based crime hit a record last year, when criminals pocketed $ 14 billion in bitcoins, ethereum, and other digital currencies from scams, ransomware, and theft.
The figure, reported by Chainalysis, a data group, is nearly double the $ 7.8 billion in crypto funds that were deposited into accounts with known criminal associations in 2020.
in his last Crypto crime reportChainalysis said that "$ 14 billion in illicit activity represents a significant problem."
He added that such "criminal abuse" increases the likelihood that governments will impose restrictions on the use of cryptocurrencies, and "worst of all, it victimizes innocent people all over the world."
Scammers stole $ 7.8 billion worth of crypto last year, Chainalysis found, an 82 percent year-on-year increase. About
