RATE Group | Cryptocurrency crime losses more than double to US$4.5 billion in 2019, report finds
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Cryptocurrency crime losses more than double to US$4.5 billion in 2019, report finds

Cryptocurrency crime losses more than double to US$4.5 billion in 2019, report finds

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Losses from cryptocurrency crime surged to US$4.52 billion last year, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace seen by Reuters.

FILE PHOTO: Employees work on bitcoin mining computers at Bitminer Factory in Florence

FILE PHOTO: Employees work on bitcoin mining computers at Bitminer Factory in Florence, Italy, April 6, 2018. Picture taken April 6, 2018. REUTERS/Alessandro Bianchi/File Photo

NEW YORK: Losses from cryptocurrency crime surged to US$4.52 billion last year, as insider theft soared even as hacking losses declined, according to a report from…

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