CRYPTO CRIMINALS NETTED USD24.2 BILLION IN 2023 SAYS CHAINALYSIS
March 7th, 2024
Crypto criminals netted at least USD24.2 billion worldwide in 2023 from scams, hacking, ransomware and other illicit uses of cyberspace, according to the latest preliminary assessment by American blockchain consultants Chainalysis. The figures in Chainalysis’ ‘2024 Crypto Crime Report' (1) are based on transfers to illicit addresses identified by the company, as well as stolen funds. The final figure will almost certainly rise, given last year’s 2022 cryptocrime prediction of USD20.6 billion almost doubled to USD39.6 billion as a final tally, after further ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.