Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,” the blockchain data analytics firm wrote.Blockchain data analytics firm Chainalysis published its mid-year crypto crime update titled “Illicit Activity Falls With Rest of Market, With Some Notable Exceptions” on Tuesday.
Furthermore, “the cumulative number of individual transfers to scams so far in 2022 is the lowest it’s been in the past four years,” the firm added.Those numbers suggest that fewer people than ever are falling for cryptocurrency scams. One reason for this could be that with asset prices falling, cryptocurrency scams … are less enticing to potential victims.
In addition, darknet market revenue is down significantly this year, and is currently 43% lower than where it was through July in 2021.
The declining dynamics make me happy
Does it mean that it is safer now?
Seems we are beating the scammers then!
Wondering how many people got scamed
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Oh the irony. The comment section is littered with scams. 👀
Does this include CelsiusNetwork? That would add 2.8 billion
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fight those liars
fight those liars
This data has include NetmarbleO as big company scam? they lier about ROI. Rob $20 million cz_binance
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Cop 26 on the case asking how you got the money and where it at. Wanna copy what you copied from me 😏
Movez app support is a scam
Whyy ain’t nobodyy talkinn about this?
Why is everyonee silent aboutt this?
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LOL people are exploiting uniswap! …
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