Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 20180.02

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

These are the unsettling claims made by a new report released by blockchain and virtual currency forensics firm CipherTrace.

Original source
https://bitcoinmagazine.com/articles/crypto-cybercrime-has-tripled-2017-nearly-1-billion-lost-2018/

Add comment

Please Sign in to be able to leave comments.