Scamming and stolen funds decrease; ransomware and darknet markets see revenue increases. Stablecoins surpass Bitcoin as the preferred currency for illicit transactions due to stability and ease of use. Chainalysis reports a 39% drop in total crypto value sent to illicit addresses from $39.6B in 2022 to $24.2B in 2023. Fears of rampant cryptocurrency-fueled crime The post Crypto Crime in 2023: Illicit Activity Drops, Cybercriminals Target Stablecoins appeared first on Coin Edition .
