Digital currency-related crime reports in Singapore shoot up 2,500% since 2018
Singapore police noted that 393 reports of digital currency-related crime were filed in 2020, three times higher compared to 2019.
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Darknet market revenue hit an all-time high in 2020
In 2020, the revenue raked in by darknet marketplaces hit a record-high of nearly $2 billion–the one marketplace that led the charge was...
Digital currency crime reduced by 83% in 2020, but ransomware attacks up 311%
The Chainalysis report revealed that illicit activities only accounted for 0.34% of all digital currency activity, or roughly $10 billion.
Digital currency crime declined in 2020
A new report from Chainalysis has discovered that digital currency related crime signficantly declined from 2019 to 2020.
Why criminals are using privacy wallets in place of mixers
Elliptic has released a new report in which it discusses why criminals are opting to use privacy wallets over mixers to launder money.
Lithuania tax authority sells seized digital currency for $7.5M
Noting that the transaction took around a day to complete, the State Tax Inspectorate said that it would now be easier in future to exchange cryptocurrency seizures for fiat currency.
Over $8 million from KuCoin hack is on the move
Over $8 million in funds that were stolen from the Sept. 25 KuCoin hack are on the move. According to reports, a portion of that money is being laundered.
Iran plans to evade sanctions with cryptocurrency
The Central bank of Iran and the Iranian Ministry of Energy have amended a law that allows cryptocurrency to be used to fund imports.
Chainalysis new initiative sheds more light into digital currency crime analyses
The new Crypto Intelligence Briefs is designed to cast light on the mechanisms used for illegal transactions in digital currency.
How Bitcoin paves way for ‘new world’ that economically disincentivizes crime
In a new blog post, Dr. Craig Wright takes a closer look at tracing digital currency movements and how Bitcoin can actually help to reduce crime.
UN Chief: Dark coins driving child abuse and crime
Those pushing dark coins tell you it’s about liberty, but this expert shows it’s about something much darker.
Financial law firm launches first global crypto crimes database
The Blockchain Litigation Database brings together into one central repository all crypto cases from across different jurisdictions in order to allow an easy search of data in building court cases.