Crypto crime has declined compared to previous years, Chainalysis says in a new report.
A new report from the analytics firm notes that daily crypto inflows into illicit services is down relative to previous years. From the beginning of the year through June, crypto inflows into illicit entities, which covers sanctioned individuals or groups, is down 65% from the same period last year.
"Transaction volumes are down across the board, but declines are much less severe for legitimate services, which have seen just a 28% drop in inflows," the firm said.
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