A report by Chainalysis reveals that illicit crypto addresses received at least $24.2 billion in 2023, a decrease from $39.6 billion in 2022. Stablecoins, particularly Tether, were the primary choice for illicit transactions, accounting for the majority of the transaction volume. These transactions included addresses linked to terrorist financing, scams, and sanctions evasion.
Crypto crime trends report by @Chainalysis show a drop in illicit crypto transactions in 2023, totaling $24 billion. https://t.co/EEBAgShbmM
2024 Chainalysis Report Reveals a Decline in Crypto Criminal Activity, Shift in Currency Preference to Stablecoins https://t.co/wb9p9vfSdT
In 2023, $24.2 billion was received by illicit addresses representing sanctioned entities, scams and more, @Chainalysis says. Watch Chart of the Day, presented by @cryptocom: https://t.co/CZfv13H9EG https://t.co/RAFP7xb2uL
NEW: Chainalysis' annual crypto crime report highlights a significant drop in illicit activity, with total received value plummeting to 💵 $24.2B https://t.co/48xEyjeXpO
$40 billion worth of crypto crime enabled by stablecoins since 2022 https://t.co/ZieoArAIK1
Illicit cryptocurrency addresses received $24.2 billion in 2023, showing a decrease from the estimated $39.6 billion in 2022, as per Chainalysis https://t.co/AfmthYAsGu
Over $24 billion worth of cryptocurrency was received by illicit addresses in 2023 accounting for 0.34% of all transaction volume, @chainalysis has estimated. https://t.co/Dj9iNHBGLH
Crypto Crime Down 29% in 2023: Chainalysis Report ► https://t.co/1I8kNu6xcI https://t.co/1I8kNu6xcI
NEWS: Crypto crime in 2023 exceeded $24 billion: Chainalysis That figure is over $15 billion lower than the $39.6 billion reported in 2022. Chainalysis found that illicit transactions are carried out more with stablecoins than any other cryptocurrency. https://t.co/3fEJKGMJpl
Illicit crypto addresses received at least $24.2 billion in 2023 - report https://t.co/snydOmJVoM https://t.co/pvVHWmFZ9k
EXCLUSIVE: A new report from Chainalysis finds that stablecoins like Tether, tied to the value of the US dollar, were used in the vast majority of crypto-based scam transactions and sanctions evasion in 2023. https://t.co/EAmcONkcZu
‘Stablecoins’ Enabled $40 Billion in Crypto Crime Since 2022 https://t.co/xuRLiP1niw
Illicit crypto addresses received $24.2B in 2023, down from $39.6B in 2022, and stablecoins accounted for the majority of the transaction volume, replacing BTC (Chainalysis) https://t.co/e0qQCLd2ae 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/LFUXzvulUb
Illicit crypto addresses received at least $24.2 billion in 2023: report At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams. https://t.co/XSzSzAY5nQ
Stablecoins like Tether are now playing an absolutely massive role in crypto crime. According to new data from blockchain analysis firm Chainalysis, they accounted for 70% of crypto-based scams last year and 83% of crypto-based sanctions evasion. https://t.co/xYCPVB3p9h
⚠️ ILLICIT CRYPTO ADDRESSES RECEIVED AT LEAST $24.2 BILLION IN 2023 - REPORT (Reuters) At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto… https://t.co/BsFBhhkrs1
📣 Latest News: Stablecoins most-preferred crypto for illicit transactions in 2023: Report #news #cryptonews #crypto #stablecoins
A new report from Chainalysis finds that stablecoins like Tether, tied to the value of the US dollar, were used in the vast majority of crypto-based scam transactions and sanctions evasion in 2023. https://t.co/zsQqUcViM8
Over $24 billion worth of cryptocurrency was received by illicit addresses in 2023 accounting for 0.34% of all transaction volume, @chainalysis has estimated. By @JamieCrawleyCD https://t.co/27vCbrTW5E