Crypto-Money Laundering Records 30% Annual Decline

Just over $22bn worth of cryptocurrency was laundered in 2023, a 30% drop from the previous year, with nefarious actors switching techniques to stay hidden from investigators, according to Chainalysis. The blockchain analysis company claimed in a new report that some of the decline in crypto-money laundering could be explained by an overall decrease in crypto-transaction volumes during the same period.

Source: Infosecurity

 


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