RATE Group | United States is Number One in Cryptocurrency Crime, Data Shows
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United States is Number One in Cryptocurrency Crime, Data Shows

07 Aug United States is Number One in Cryptocurrency Crime, Data Shows

Posted at 09:54h in Cryptocurrency News by

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With the increasing popularity of digital assets, more sophisticated means are being developed to obtain ownership of these highly sought-after coins illegally. A recent study has put the United States at the heart of global cryptocurrency crime. The study also reports that cybercriminals have attacked all top cryptocurrency exchange platforms.

More than Half of all Cryptocurrency Crime Originates in the U.S.

Group-IB recently conducted a study on the global cryptocurrency market with a focus on hacking and cybersecurity. According to the study, the United States accounts for more than half of the cryptocurrency crime in the world.

Of the 50 botnets continually scouring for weaknesses on cryptocurrency exchange platforms, half of their malicious traffic comes from the country. The Netherlands accounts for a further 21.5 percent.

Of the 50 botnets continually scouring for weaknesses on cryptocurrency exchange platforms, half of their malicious traffic comes from the country.

No Safe Haven

Cryptocurrency exchange hacks continue to be a clear and present danger in the industry. According to Group-IB, no member of the top 19…

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