Cryptocurrency It turned out that cybercriminals, who wanted to turn the increasing popularity of cryptocurrencies into an opportunity, laundered at least $ 8.6 billion in cryptocurrency in 2021.
Blockchain analytics firm chainalysisAccording to a study by , the rate of use of cryptocurrencies in cybercrime has increased by 30% compared to 2020.
Chainalysis, $6.6 billion in 2020 cryptocurrency He said laundering had increased to $8.6 billion in 2021.
DeFi Protocols are Preferred in Cyber Crimes!
Decentralized finance (DeFi) protocols are gaining popularity among cybercriminals. because DeFi While the rate of use of protocols in cybercrime was 2% in 2020, this rate increased to 17% in 2021.
of DeFi Noting that it is not the only crypto laundering method on the rise, the Chainalysis report showed that almost 47% of all laundered stolen cryptocurrencies are laundered through traditional exchanges.
Kim Grauer, head of research at Chainalysis, said of the shooting in DeFi platforms:
“Really, we’re in a time of so much growth in DeFi, so many new customers, so many new businesses, it’s hard to know which ones are vulnerable and which ones are worth investing in.
In this context, the increase in the use of DeFi platforms in cybercrime shows that it should consider compliance solutions to prevent DeFi from being used in illegal activities.”
Grauer added that he expects to see an increase in crypto crimes involving immutable tokens (NFT), one of the most popular technologies of recent times, next year.