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Coronavirus-themed crypto crimes surge

Coronavirus-themed crypto crimes surge

In the first five months of 2020, crypto-currency thefts, hacks and fraud totalled $1.4 billion (R24 billion). This is according to blockchain threat intelligence solutions firm CipherTrace, which has released its Spring 2020 Crypto-currency Anti-Money Laundering and Crime Report, containing key data on crypto-currency crimes and trends that will have regulatory repercussions for virtual asset service providers and other financial institutions.







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