Research: $1.3B or 55% of all money laundering in cryptocurrency in 2020 was driven by just 270 deposit addresses owned by five illicit fund receiving services
Our 2021 Crypto Crime Report is here! Get 100+ pages of original data, research, & case studies on the latest trends in cryptocurrency-related crime, such as the ransomware spike, concentration in money laundering, darknet markets' difficulties, and more. https://go.chainalysis.c…
Money laundering is the key to cryptocurrency-based crime, but is facilitated by a surprisingly small group of key players. How small? In 2020, 55% of funds sent from illicit addresses - $1.3B worth of cryptocurrency - went to 270 service deposit addresses https://blog.chainalysi…