Capsule · The news app for modern leaders

Trends and Insights

illustration image for the article
20 Jan 2024

Crypto Crime Declines as Market Cools in 2023

The year 2023 saw a significant drop in 'get rich quickly' crypto crimes, with Chainalysis reporting [$24.2 billion]( in illegal activity, just 0.34% of total transaction volume. Notably, while this figure is subject to increase as more data emerges, the overall trend indicates a decline in both the total volume and the proportion of illicit transactions on the blockchain.