Almost three-quarters of revenue from ransomware attacks last year went to addresses “highly likely” to be affiliated with Russia, chainalysis said. By egreechee
, whose co-founder was reportedly arrested by Russian authorities in November, and peer-to-peer exchange Bitzlato.Some instances of firms receiving low proportions of illicitly obtained crypto can be attributed to their lack of awareness, rather than criminal activity, the report said.
Of all the crypto going to Moscow City, funds coming from scams, at $313 million, and darnknet markets, at $296 million, made up the majority of illicit crypto in that time period. Ransomware came third at $38 million.
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