Cryptocurrency money laundering up 30 percent in 2021

By

Tops $12 billion.

Cryptocurrency money laundering up 30 percent in 2021
Cybercriminals laundered US$8.6 billion (A$12 billion) in cryptocurrencies last year, up 30 percent from 2020, according to a report from blockchain analysis firm Chainalysis. Overall, cybercriminals have laundered more than US$33 billion (A$46.35 billion) worth of cryptocurrency since 2017, ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
chainalysiscryptocurrencylaunderingmoneysecurity

Sponsored Whitepapers

Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Modern Identity for SAP and Beyond: Replace SAP IDM with Saviynt
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Saviynt Simplifies GRC and Access Control for SAP and Beyond
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
Futureproof Your Business with Datacom and AMD: Seamless Windows 11 Transition
See everything. Do more.
See everything. Do more.
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra
Lindentech Secures Digital Identity with Zero Trust and Microsoft Entra

Events

Most Read Articles

Australia's super funds told to assess authentication controls

Australia's super funds told to assess authentication controls
Woolworths' CSO is Optus-bound

Woolworths' CSO is Optus-bound
Hackers abuse modified Salesforce app to steal data, extort companies

Hackers abuse modified Salesforce app to steal data, extort companies
The Northern Beaches Women's Shelter hones focus on tech-enabled abuse

The Northern Beaches Women's Shelter hones focus on tech-enabled abuse
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?