This article is 3 years old
Crypto money laundering rises 30pct in 2021 - analysis firm
Cybercriminals laundered US$8.6 billion (RM36 billion) in cryptocurrencies last year, up 30 percent from 2020, according to a report from blockchain analysis firm Chainalysis released yesterday.
Overall, cybercriminals have laundered more than US$33 billion (RM138.3 billion) worth of crypto since 2017, Chainalysis estimated, with most of the total moving to centralised exchanges over time.
The firm said the sharp rise in...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable