As the increasingly popular yet largely unregulated cryptocurrency industry expands, it attracts a growing number of dishonest and malicious participants for whom the budding blockchain technology has presented new opportunities to get rich quickly.
Based on the industry’s growth and the information from previous years, crypto criminals will launder at least $10.5 billion by 2025, as forecast in the report “Following the Money in a Cross-chain World,” carried out by blockchain analytics platform Elliptic and published on November 30.
(By Ana Nicenko)
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