The value of illicit cryptocurrency transactions decreased last year, as the digital asset industry showed more signs of maturing, a study has found.
The value received by dubious wallets dropped more than 48 per cent to $24.2 billion in 2023, from the all-time high of $39.6 billion a year earlier, the New York-based blockchain platform said in its 2024 Crypto Crime Trends report.
The share of cryptocurrency transaction volume associated with illicit activity also fell to 0.34 per cent last year from 0.42 per cent in 2022, the report showed.
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