Cryptocurrency Q&A
What crypto is most used by criminals?
What crypto is most used by criminals?
Chiara
Thu Aug 01 2024
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6 answers
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I'm curious, which cryptocurrency is most frequently utilized by criminals in their illicit activities? Is there a particular coin that stands out due to its anonymity or ease of use for nefarious purposes? I'd love to hear your insights on this topic.
6 answers
GliderPulse
Sat Aug 03 2024
Bitcoin, once the preferred cryptocurrency among cybercriminals due to its high liquidity, has seen a shift in its dominance throughout 2021.
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Giuseppe
Fri Aug 02 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the evolving needs of the cryptocurrency market. These services include spot trading, futures trading, and a secure wallet solution.
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DondaejiDelightfulCharmingSmile
Fri Aug 02 2024
This change is attributed to the rise of stablecoins, which have now become the primary mode of payment for illicit transactions.
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QuasarPulse
Fri Aug 02 2024
The shift towards stablecoins can be attributed to their stability and reduced volatility compared to Bitcoin and other cryptocurrencies.
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EthereumLegend
Fri Aug 02 2024
Cybercriminals prefer stablecoins as they provide a more reliable and predictable store of value, making it easier to launder funds and evade detection.
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