The Crime Scene: Over Half of Bitcoin Transactions are Used for Illegal Purposes

in #bitcoin7 years ago

A research paper published by the University of Sydney, the University of Technology Sydney and the Stockholm School of Economics showed that every fourth uses bitcoin for illegal or criminal activity.

According to the research, about $8 billion is stored on accounts involved in crime. The account holders have made 36 million transactions during the year with a total of $72 billion.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crime-scene-over-half-of-bitcoin-transactions-used-for-illegal-purposes/

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Nice post. We will also be doing some posting in the categories you listed.

We will definitely follow and upvote.

Oh please! Lets see this 'research'. Same old crap

Pretty stupid criminals to do it all in the open on the Bitcoin network. One would expect them to know the benefits of working with cold hard cash.