[ad_1] Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau’s Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime. [ad_2] Source link
[ad_1] The provisions from the 2023 act that will come into force shortly include the civil recovery regime for crypto plus the crypto asset confiscation orders that allow authorities to take crypto-related items, defined as “an item of property that is, or that contains or gives access to information that is likely to assist in … Read more
[ad_1] Another caveat to the research is the prevalence of transactions with sanctioned entities, which accounted for a combined $14.9 billion (61.5%) of volume in 2023. Some of this $14.9 billion includes transactions from normal crypto users who happen to live in sanctioned jurisdictions. After all, not all of the Russia-based crypto exchange Garantex, which … Read more