Crypto Crime Is Down Thanks To FTX?
TL;DR
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Excellent news: Crypto crime is down 29%
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Dangerous information: The 2023 numbers solely look good, as a result of 2022’s have been so dangerous.
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The tidy $8.7B that FTX owed to its customers/collectors in 2022, inevitably tipped the scales in 2023’s favor. It ain’t nice, however we’ll take it!
Full Story
Within the phrases of our shut-in neighbor, Dave, who collects classic milk bottles and is weirdly knowledgable in regards to the life and profession of Fran Drescher:
“The attractive factor about hitting all-time low is: issues can’t get any worse.”
Yeah, effectively, this story follows an analogous theme.
Let’s begin on a optimistic observe…
Excellent news: Crypto crime is down 29%.
Based on a report by Chainalysis, the quantity of crypto stolen by scams final 12 months was almost a 3rd lower than in 2022, whereas illicit income was down greater than 54%.
Dangerous information: The 2023 numbers solely look good, as a result of 2022’s have been so dangerous.
In the event you’re in search of somebody to level the finger at – we’ve acquired you! Look no additional than Samuel Benjamin Bankman-Fried and his famously bankrupt firm, FTX.
The tidy $8.7B that FTX owed to its customers/collectors in 2022, inevitably tipped the scales in 2023’s favor.
These aren’t superb circumstances…
However we’ll take it.
