{"id":11834,"date":"2025-02-11T07:41:15","date_gmt":"2025-02-11T07:41:15","guid":{"rendered":"https:\/\/uaenewsroom.com\/cryptocurrency-crime-down-65-year-to-date-research-finds\/"},"modified":"2025-02-11T07:41:15","modified_gmt":"2025-02-11T07:41:15","slug":"cryptocurrency-crime-down-65-year-to-date-research-finds","status":"publish","type":"post","link":"https:\/\/uaenewsroom.com\/en\/cryptocurrency-crime-down-65-year-to-date-research-finds\/","title":{"rendered":"Cryptocurrency crime down 65% year-to-date, research finds"},"content":{"rendered":"


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Cryptocurrency inflows to known illicit entities have declined by a staggering $5.2billion (a 65 per cent decrease) compared to the same time last year, while inflows to risky entities such as high-risk exchanges and crypto mixers are down 42 per cent, recent data has showed.<\/p>\n

The latest Crypto Crime Midyear Update from Chainalysis shows that inflows to illicit addresses are down in nearly every category of crypto crime – from hacks and malware to fraud shops and darknet markets – with the decline in scam revenues being the most significant. As of June, crypto scammers have taken in nearly $3.3 billion less (at 77 per cent decline) in 2023 than they did in 2022, for a total of just over $1.0 billion this year. This decline is especially impressive given that last year, crypto scam revenues had already dropped by 46 per cent.<\/p>\n

\u201cAfter a chaotic 2022 which saw significant volatility and the high-profile collapse of FTX, it is reassuring to see confidence return to the crypto markets as…<\/p>\n<\/div>\n


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Cryptocurrency inflows to known illicit entities have declined by a staggering $5.2billion (a 65 per cent decrease) compared to the same time last year, while inflows to risky entities such as high-risk exchanges and crypto mixers are down 42 per cent, recent data has showed. The latest Crypto Crime Midyear Update from Chainalysis shows that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126,2],"tags":[],"class_list":{"0":"post-11834","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"category-business-ar"},"_links":{"self":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/11834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/comments?post=11834"}],"version-history":[{"count":0,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/posts\/11834\/revisions"}],"wp:attachment":[{"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/media?parent=11834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/categories?post=11834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uaenewsroom.com\/en\/wp-json\/wp\/v2\/tags?post=11834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}