📢 Cryptocurrency criminals laundered approximately $7 billion worth of cryptocurrency through DEXs, bridges and coin swap services! 😱
🔍 Blockchain analytics platform Elliptic found that criminals, including the famous North Korean hacker group Lazarus, were laundering large amounts of cryptocurrency through these methods.
📊 This figure, which Elliptic estimates will rise to 6.5 billion dollars by the end of 2023 and 10.5 billion dollars in 2025, has already reached 7 billion dollars.
🦹♂️ Lazarus Group is the largest source of funds laundered through hyperlinks and is responsible for laundering a total of $900 million in cryptocurrencies.
🚀 Malicious actors have further developed their methods of laundering cryptocurrencies and started to use complex methods such as derivative transactions and limit orders.
🔍 Blockchain analytics platform Elliptic found that criminals, including the famous North Korean hacker group Lazarus, were laundering large amounts of cryptocurrency through these methods.
📊 This figure, which Elliptic estimates will rise to 6.5 billion dollars by the end of 2023 and 10.5 billion dollars in 2025, has already reached 7 billion dollars.
🦹♂️ Lazarus Group is the largest source of funds laundered through hyperlinks and is responsible for laundering a total of $900 million in cryptocurrencies.
🚀 Malicious actors have further developed their methods of laundering cryptocurrencies and started to use complex methods such as derivative transactions and limit orders.