Your Crypto Winter = Criminals’ Summer: Q1 2019 Crypto Thefts, Fraud Hit Whopping $1.2 Billion22.2

By CCN.com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1.2 billion in this year’s first quarter, as initially reported by Reuters. Cryptocurrency thefts, fraud hit $1.2 billion in first quarter: report #Cryptocurrency thefts alone reached $356 million in first quarter of 2019; Cross-border payments from US exchanges to offshore exchanges increased 45% #AML #FATF https://t.co/ktlIzUCud3 —

The post Your Crypto Winter = Criminals’ Summer: Q1 2019 Crypto Thefts, Fraud Hit Whopping $1.2 Billion appeared first on CCN

Original source
https://www.ccn.com/crypto-criminal-summer-1-2-billion-stolen-fraud-q1

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