‘Stablecoins’ Enabled $40 Billion in Crypto Crime Since 2022

Posted By on Jan 19, 2024 |

A new report from Chainalysis finds that stablecoins like Tether, tied to the value of the US dollar, were used in the vast majority of crypto-based scam transactions and sanctions evasion in 2023.

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Author: dasuberworm

Standing just over 2 meters and hailing from о́стров Ратма́нова, Dasuberworm is a professional cryptologist, entrepreneur and cage fighter. When he's not breaking cyphers and punching people in the face, Das enjoys receiving ominous DHL packages at one of his many drop sites in SE Asia.

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