How much money does a cryptocurrency address receive in 2020?

Furthermore, expanding this group further, Chainalysis says that 1,867 addresses received 75% of all criminally-linked cryptocurrency funds in 2020, a sum estimated at around $1.7 billion. "This level of concentration is greater than in 2019," Chainalysis researchers said in a report published last week.

What are the different types of cryptocurrency services?

This includes services like high-risk (low-reputation) crypto-exchange portals, online gambling platforms, cryptocurrency mixing services, and financial services that support cryptocurrency operations headquartered in high-risk jurisdictions.

What is criminal activity in the cryptocurrency industry?

Criminal activity studied in this report included cryptocurrency addresses linked to online scams, ransomware attacks, terrorist funding, hacks, transactions linked to child abuse materials, and funds linked to payments made to dark web marketplaces offering illegal services like drugs, weapons, and stolen data.

What are the properties of cryptocurrencies?

All in all cryptocurrencies fulfil the properties excellently. Cryptocurrencies can also be considered to be sound money —the value is entirely market driven and there’s no manipulation of the supply. Traditionally sound money refers to money backed by precious material.