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An All-Time High Illicit Crypto Transaction Volume; Reports Suggest

Published 01/13/2023, 02:35 AM
Updated 01/13/2023, 03:00 AM
An All-Time High Illicit Crypto Transaction Volume; Reports Suggest

  • Chainalysis released the yearly analysis of the illicit crypto transaction volume.

  • The platform declared that the illicit transaction volume has reached an all-time high of $20.1 billion.

  • All the shares of activities related to crypto illicit activity have risen to 0.24% in 2022.

The blockchain data analyst platform, Chainalysis published its yearly analysis of illicit activities declaring that the illicit transaction volume rose to an all-time high of $20.1 billion in 2022. The platform added that the crypto activities connected to illicit activity have “risen for the first time since 2019, from 0.12% in 2021 to 0.24% in 2022.”

Chainalysis tweeted that the illicit activity in crypto remains a small share of overall volume at less than 1%.

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