Security News > 2019 > January > $1.7 billion in cryptocurrency was stolen and scammed in 2018
2019-01-30 06:15
$1.7 billion in cryptocurrency was stolen and scammed in 2018 — a dramatic rise in criminal activity despite a slump in the market, according to CipherTrace. Criminals need to launder all these funds in order to cash out before a wave of regulations go into effect in 2019. Theft from cryptocurrency exchanges accounted for the majority of the criminal activity: more than $950 million was stolen in 2018, representing 3.6 times more than in 2017. … More → The post $1.7 billion in cryptocurrency was stolen and scammed in 2018 appeared first on Help Net Security.
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