June 26, 2022

It looks like crypto criminals are beginning to change up their gameplans to obtain funds that aren’t theirs. It used to be that many of them targeted either exchanges or individual wallets, but now it seems they are beginning to target decentralized finance (defi) protocols.

According to a report issued by blockchain analysis firm Chainalysis, illicit transactions only accounted for about 0.15 percent of all transactions in the crypto space during 2021. This is significantly down from the 3.37 percent witnessed in the year 2019.

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