Crypto crime was the highest — and lowest — ever in 2021: Chainalysis

Chainalysis concludes that the growth rate for legitimate crypto transactions far exceed crime-related ones.

New data from the blockchain analytics firm Chainalysis shows the highs and lows of crime-related cryptocurrency transactions across 2021.

The volume of crime-related crypto transactions hit a record high at $14 billion in 2021, up 79% since 2020. But since the number of cryptocurrency transactions grew 567% that same year, crime-related activity comprised 0.15% of all cryptocurrency transactions — the lowest that rate has been since 2017.

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