Crypto crime has seen a substantial decrease of 65% in the first half of 2023 compared to the same period last year, according to the latest data from blockchain analytics company Chainalysis. However, the figure does not account for transactions linked to entities subject to global sanctions or non-cryptocurrency-related crimes using crypto as payment. The firm also highlights a surge in crypto payments to ransomware attackers, which climbed to $449.1 million, a rise of nearly $176 million from the same period in 2022. If this trend persists, this year is set to record the second-highest total in ransomware payments.

Source: https://www.reuters.com