Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total losses of nearly $12.8 million in 2020.
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Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal
China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its
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China crypto crime: Still ‘top ranked’ for illicit activity but crime is falling
Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021.
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Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper
According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their
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Japanese police arrest alleged masterminds behind $55M ‘AI-led‘ crypto scam
Four men have been arrested in Aichi Prefecture for allegedly running a fraudulent crypto scheme that drew in 20,000 Japanese investors and raised 6 billion
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Banning cryptocurrencies to counter crime is a nonsensical excuse
Cryptocurrencies represent far less of a market for criminals compared to traditional finance, so crypto bans won’t solve the problem.
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