Crypto money laundering rises 30% in 2021 -Chainalysis


Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13 2020. REUTERSDado Ruvic

Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic

NEW YORK (Reuters) - Cybercriminals laundered $8.6 billion in cryptocurrencies last year, up 30% from 2020, according to a report from blockchain analysis firm Chainalysis released on Wednesday.

Overall, cybercriminals have laundered more than $33 billion worth of crypto since 2017, Chainalysis estimated, with most of the total over time moving to centralized exchanges.

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