Crypto money laundering raised to $8,6 billion in 2021
Since 2017, Chainalysis estimates that a total of $33,4 billion in cryptocurrency has been laundered
28.01.2022 - 07:55
259
1 min
0
What’s new? A new report from Chainalysis shows that $8,6 billion was laundered through cryptocurrencies in 2021. That is a 25% increase on 2020’s $6,6 billion, but well below the record high of $10,9 billion reached in 2019. Chainalysis began tracking this information in 2017, and since then a total of $33,4 billion in cryptocurrency has been laundered.
What does the report say? Chainalysis notes that approximately $2 trillion in fiat is laundered each year as a result of offline crimes. However, it is more difficult to reliably estimate the amount of fiat money laundered because of the use of untraceable cash. The report states the following:
“The biggest difference between fiat and cryptocurrency-based money laundering is that, due to the inherent transparency of blockchains, we can more easily trace how criminals move cryptocurrency between wallets and services in their efforts to convert their funds into cash.”
What is more “preferred” to be laundered? In terms of assets, the largest concentration came from altcoins, as 68% of the laundered funds went to the 20 largest deposit addresses used for illegal activity. Ether was laundered in 63% of cases, stablecoins in 57%, and bitcoin was the least concentrated, with only 19% going to the largest addresses.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$98 083
BTC
+0.8%
-
Ethereum
$3 317.8
ETH
-0.85%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.44
XRP
+27.34%
-
Dogecoin
$0.401002
DOGE
+3.25%
-
Cardano
$0.898825
ADA
+12.71%
-
Bitcoin Cash
$480.85
BCH
-2.56%
-
Polkadot
$6.1
DOT
+2.7%
-
Stellar XLM
$0.291802
XLM
+19.94%
-
Litecoin
$90.34
LTC
+0.44%