2022 Crypto crime annual report: North Korea heads up the world’s top five crypto crime locations
Contents
Annual Crypto Crime Report: Top 5 Countries for Crypto Crime 2022
Summary
- Crypto-associated crime hit an all-time high in 2021 at $14 billion, 0.15% of the total crypto transactions
- North Korea reigns supreme, with crypto crime reaching almost $1.6 billion over 10 years
- The United States is a hotspot for crypto prosecution as well as fraud
- Russia is the world leader in ransomware
- China takes the top spot for total fraud of an estimated $2.3 billion
- The UK is a world leader in crypto money laundering thanks to a lax financial regulatory approach
Crypto crime hotspots
How bad is it?
Crypto crime is widespread. A recent report from blockchain analysis firm Chainalysis found that crypto-associated crime hit an all-time high in 2021. Illicit addresses received $14 billion USD over the course of the year. To keep things in perspective, that’s only 0.15% of the total amount of crypto transactions that year, which reached a …
Summary
- Crypto-associated crime hit an all-time high in 2021 at $14 billion, 0.15% of the total crypto transactions
- North Korea reigns supreme, with crypto crime reaching almost $1.6 billion over 10 years
- The United States is a hotspot for crypto prosecution as well as fraud
- Russia is the world leader in ransomware
- China takes the top spot for total fraud of an estimated $2.3 billion
- The UK is a world leader in crypto money laundering thanks to a lax financial regulatory approach
Crypto crime hotspots
How bad is it?
Crypto crime is widespread. A recent report from blockchain analysis firm Chainalysis found that crypto-associated crime hit an all-time high in 2021. Illicit addresses received $14 billion USD over the course of the year. To keep things in perspective, that’s only 0.15% of the total amount of crypto transactions that year, which reached a …