One of the hottest conversations in the crypto community centers on the recently published security reports berating the use of cryptocurrency for illicit activities. According to Chainalysis’s 2020 crypto crime report, crypto transactions adjudged to stem from illicit activities rose to 0.08% of all the crypto transactions recorded in 2019. Although this stat shows that illicit activity still represents a negligible fraction of the crypto economy, the fact that 2019’s stats doubled 2018’s reported crypto crime data is, however, enough...
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