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.
According to the study, Elliptic has, by 2022, “identified over $4.1 billion of illicit or high-risk crypto that has been laundered through either asset-hopping or chain-hopping,” made possible by decentralized exchanges (DEXs), cross-chain bridges and coin swap services.”
Taking this data into account, the platform goes on to predict that:
“The value of illicit crypto laundered through ‘cross-chain crime’ (…) will increase nearly 60%
We współpracy z: https://finbold.com/crypto-criminals-set-to-launder-10-billion-by-2025-new-report-suggests/
