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2020 Could Set New Crypto Crime Benchmark: CipherTrace

Researchers anticipate that 2020 will be a record-setting year for cryptocurrency-related foul play. So reports Cointelegraph.

blockchain 3446557 640CipherTrace estimates the value of funds stolen in cryptocurrency crimes has hit $1.4 billion in the first five months of the year. This year, the digital asset intel company notes criminals are using the coronavirus to target victims and are “propagating new crypto-related phishing campaigns, ransomware and darknet marketplace fraud,” according to the article.

Read the full article from Cointelegraph.

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