Thursday, May 2, 2019

Crypto Theft Could Hit $1.2 Billion in 2019, Says Cipher Trace

Crypto theft

Crypto theft has greatly reduced this year compared to last year as regulators continue to enhance their scrutiny and the enforcement of anti-money laundering controls.

Crypto Theft Could Hit $1 billion Mark

Despite being $500 million less than last year, crypto theft could still go well beyond a billion dollars by the end of this year.

A quarterly report released on May 1 by Cipher Trace indicates that investigatory specialists had found that over $356 million worth of crypto had been stolen in Q1 2019. The amount stolen includes the CoineBene and Cytopia exchange ...

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