Chinese Crypto Addresses Sent 2.2 Bln To Scams Darknets In...のソースを表示

<br>By Gertrude Chavez-Dreyfuss<br> <br>NEW YORK, Aug 3 (Reuters) - Chinese cryptocurrency addresses sent more than $2.2 billion worth of digital tokens to addresses tied to illegal activity such as scams and [https://mydarkmarket.com darknet magazine] operations between April 2019 and June 2021, according to a report from blockchain data platform Chainalysis released on Tuesday.<br> <br>These addresses received $2 billion in cryptocurrency from illicit sources as well, making China a large player in digital-currency related crime, it added.<br><br>The report analyzes China's cryptocurrency activity amid government crackdowns.<br> <br>However, China's transaction volume with illicit addresses has fallen drastically over the two-year period in terms of absolute value and relative to other countries,  [https://mydarkmarket.com dark market link] Chainalysis said.<br>The big reason is the absence of large-scale Ponzi schemes such as the 2019 scam involving crypto wallet and exchange PlusToken that originated in China, it noted.<br> <br>Users and  dark web [https://mydarkmarket.com darknet market] links customers lost an estimated $3 billion to $4 billion from the PlusToken scam.<br> <br>The vast majority of China's illegal fund movements in crypto has been related to scams, although that has declined as well, the Chainalysis report said.<br> <br>"This is most likely because of both the awareness raised by PlusToken, as well as the crackdowns in the area," said Gurvais Grigg,  [https://mydarkmarket.com darknet market list] global public sector  [https://mydarkmarket.com best darknet markets] chief technology officer at Chainalysis,  [https://mydarkmarket.com onion dark website] in an email to Reuters.<br> <br>The report also cited trafficking out of China in fentanyl, a very potent narcotic pain medication prescribed for severe pain or pain after surgery.<br> <br>Chainalysis described China as the hub of the global fentanyl trade, with many Chinese producers of the drug using cryptocurrency to carry out transactions.<br> <br>Money laundering is another notable form of crypto-based crime disproportionately carried out in China,  [https://mydarkmarket.com darknet market] site Chainalysis said.<br> <br>Most cryptocurrency-based money laundering involves mainstream digital currency exchanges, often through over-the-counter desks whose businesses are built on top of these platforms.<br> <br>Chainalysis noted that China appears to be taking action against businesses and individuals facilitating this activity.<br> <br>It cited Zhao Dong, founder of several Chinese OTC businesses, pleading guilty in May to money laundering charges after being arrested last year.<br><br>(Reporting by Gertrude Chavez-Dreyfuss; Editing by Richard Chang)<br>