Wednesday, April 5, 2023

Money Matters: Crypto Crime

 Chainplay compiled a report on cryptocurrency-related crime from 2012-2022, covering money lost, types of crime, targeted countries, and future trends.


Here are some key findings of the report:
  • In 2022, crypto crime hit an all-time high of $12B stolen in 436 incidents.
    • That's equivalent to $1.4M lost every hour last year due to crypto-related crime.
  • All crypto stolen in the last decade was $30,019,892,161.
    • That's 30 times the UN's earthquake appeal for Turkey, 20 times the cost of building the world's tallest building, and 18 times Google's Youtube acquisition.
  • June is the most dangerous month for crypto investing, with 77 crypto crime incidents and $5.7B stolen in the last ten years.
  • 2023 has the potential to reach a new all-time high, with more than $16B lost due to crypto crime.
    • By 2025, this figure could reach nearly $20B.
  • Rugpull was the most common crypto crime in the last ten years, with 287 cases and $9.4B lost.
You can read the full report here: https://chainplay.gg/blog/crypto-crime-report-2023/

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