Growing Crypto Crime Could Privatize Law Enforcement Efforts
The soaring adoption of cryptocurrencies and digital assets has led to an increasing number of related crimes, leaving law enforcement agencies puzzled and overwhelmed by digital criminals. Widespread crypto use has only given cyber criminals more room for illicit activity, costing innocent individuals millions, if not billions in losses and damages every year. Q3 2022 hedge fund letters, conferences and more Yet, between 2020 and 2021, the total transaction volume of cryptocurrencies grew by more than 567%, with the marketplace totaling more than $15.8 trillion. Despite this staggering amount...