THe Bearish Crypto crimes
THe Bearish Crypto crimes
The Good in Bad
The Good in Bad
Acc. to a report published by Chainalysis, the crypto scam volume is down by 15%. Thanks to the bear market.
Crypto Scam Revenue
Crypto Scam Revenue
The total scam revenue for 2022 is 65% lower compared to the end of July 2021. It stands at $1.6 billion so far this year
The Bear Effect
The Bear Effect
Although the scams are down by 15%, the same
is with the legitimate transactions which are
also down by 36%
Top Hacks in 2022
Top Hacks in 2022
Top hacks include Solana $7 million wallet hack, Nomad bridge $5 million hack & Axie Ronin $650 million hack
Relation to Bitcoin
Relation to Bitcoin
The total value received by crypto scam follows the price action of Bitcoin. Higher BTC price equals higher number of scams
Beware of Schemes
Beware of Schemes
Any company that's promising superficial crypto returns is a scam. This include Ponzi Schemes & fake telegram groups
About Chainalysis
About Chainalysis
Founded in 2014, Chainalysis help govt. prevent crypto crimes & provide related tools to
the aurthoirty
Whom to trust?
Whom to trust?
If you want to invest in crypto markets, it's better to open account in top reputed exchanges like Binance or Coinbase.
WazirX Fraud
WazirX Fraud
Checkout the latest update on Wazirx crypto fraud-
WazirX Fraud
WazirX Fraud
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