Coronavirus Has Erased 33% of Crypto Scammers’ Revenue: Chainalysis

in #crypto5 years ago

Research out Friday shows profit made through cryptocurrency scams has dropped considerably since the start of the year. On a seven-day moving average, revenue earned by scammers plummeted from $800,000 worth of crypto in the middle of January to below $300,000 at the beginning of April – almost entirely due to the dramatic market drop earlier this year.