The number of bitcoins linked to illicit activity has reached more than 890,000 (about $9.7 billion at the rate at the time of writing). This is evidenced by data from Chainalysis’s Market Intel portal.
The origins of the funds are as follows:
- 585,000 BTC — darknet markets;
- over 204,000 BTC — stolen coins;
- over 98,000 BTC — wallets of scam projects;
- 3,000 — other illicit activity.
Regardless of origin, bitcoins linked to illicit activity are usually moved to cryptocurrency exchanges.
In July, Chainalysis launched the Market Intel data and analytics portal. It is designed for asset managers and regulators interested in monitoring cryptocurrency markets.
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