The $51 Billion Crypto Crime Industry Is Adopting Stablecoins
The $51 Billion Crypto Crime Industry Is Adopting Stablecoins
Hong Kong police display seized cash, computer equipment, luxury handbags and promotional leaflets … [+] at a press conference in Hong Kong on September 19, 2023, regarding the arrests of eight people with ties to cryptocurrency platform JPEX. The arrests were made after authorities received more than 1,400 reports from potential victims who claimed to have lost around 128 million USD on troubled cryptocurrency exchange JPEX. (Photo by Holmes CHAN / AFP) (Photo by HOLMES CHAN/AFP via Getty Images)
AFP via Getty Images
The stereotype of the crypto criminal as a lone wolf hacker, furiously typing away in a dimly lit basement, is becoming dangerously outdated.
