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Chainalysis: Less than 1% of funds on the chain are related to illegal activities.

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2024-08-29 20:15:50
Eric Jardines, head of research at blockchain analytics firm Chainalysis, says that while crypto crime is large in dollar terms, the proportion is still relatively small: less than 1% of on-chain value is related to illegal activity, and fraud methods such as "romance scams" are currently the mainstream means of crypto crime.