Crypto money laundering rose 30% in 2021 📈 But how does it compare with money laundering in the fiat world? 🧐
of all crypto transactions in 2021. Chainalysis wrote:
The Chainalysis data also indicates that "money laundering activity in cryptocurrency is also heavily concentrated" — and funds often end up flowing to a "surprisingly small group of services" that seem to be purpose built for obscuring transactions. The report adds:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Money laundering via crypto rose 30% in 2021, with DeFi laundering up 20x: ChainalysisDespite the growth of DeFi, Bitcoin remained the preferred vehicle for most illicit financing in crypto, especially among online scams.
Read more »
Cybercriminals laundered over $20 million worth of crypto daily in 2021With the cryptocurrency market recording significant growth in 2021, cybercriminals used the opportunity to launder a significant amount of money... Continue reading
Read more »
SuperSalone 2021: Home Decor Trends for 2022Our roving eye at SuperSalone 2021 spotted these home decor trends for 2022 which can help you curate your beloved space.
Read more »
U.S. economy grew 5.7% in 2021, rebounding from 2020 recessionThe U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020′s brief coronavirus recession.
Read more »
U.S. economy grew 5.7% in 2021, the fastest full-year rate since 1984The growth contributed to complications, including the highest inflation in 40 years and supply chain snarls as consumers hungry for products overwhelmed the global delivery system.
Read more »
First drive review: 2021 Ford F-150 Tremor rolls the Raptor fantasy in with real lifeEvery F-150 Tremor has a SuperCrew cab, a 5.5-foot bed, and a 3.5-liter twin-turbo V-6—and enough Raptor looks to maybe be mistaken for one at a glance.
Read more »