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According to Chainalysis, in 2020 only 0.35% of crypto transactions were associated with illicit activity. Cash is still king when it comes to crime. Crypto ca
by DistantCl3ric 5y ago
According to Chainalysis, in 2020 only 0.35% of crypto transactions were associated with illicit activity.
Cash is still king when it comes to crime. Crypto can help make it harder for criminals.
- mrzimmerman 5y agoHow does Chainalysis claim to know the intent behind all of the crypto transactions they studied?
- DistantCl3ric 5y agoGood question! I am not sure! I had a brief look at their 2020 and 2021 report but I havent been able to see how they got the data and reached their conclusions. Its worth noting that their entire business is built around detecting blockchain based illicit activities.
- mrzimmerman 5y agoThat’s interesting! I’ll search it out and see what I can find.