Crypto Crime Hit an All-Time High of $14B in 2021 as Prices Climbed: Chainalysis

Crypto Crime Hit an All-Time High of $14B in 2021 as Prices Climbed: Chainalysis


Scams accounted for the lion’s share of crime in 2021, rising 82% to reach $7.8 billion. According to Chainalysis’ report, nearly $3 million of this total came from rug pulls (an increasingly popular crypto scam where developers build legitimate-looking projects, load their pockets, and disappear).

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