- Chainalysis released the yearly analysis of the illicit crypto transaction volume.
- The platform declared that the illicit transaction volume has reached an all-time high of $20.1 billion.
- All the shares of activities related to crypto illicit activity have risen to 0.24% in 2022.
The blockchain data analyst platform, Chainalysis published its yearly analysis of illicit activities declaring that the illicit transaction volume rose to an all-time high of $20.1 billion in 2022. The platform added that the crypto activities connected to illicit activity have “risen for the first time since 2019, from 0.12% in 2021 to 0.24% in 2022.”
Chainalysis tweeted that the illicit activity in crypto remains a small share of overall volume at less than 1%.
2/ Illicit activity in #crypto remains a small share of overall volume at less than 1%. Regarding total value received by illicit addresses, illicit transaction volume rose for the 2nd consecutive year, hitting an all-time high of $20.1Bn despite the market downturn.The post An All-Time High Illicit Crypto Transaction Volume; Reports Suggest appeared first on Coin Edition.