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Report: Since 2020, criminals have laundered nearly $4 billion using DEX, cross-chain bridges, and other methods

2022-10-04 21:23:15
Collection

Chain Catcher news, the online analysis company Elliptic released the "2022 Cross-Chain Crime Report," which shows that since 2020, cybercriminals have transferred nearly $4 billion related to illegal activities using decentralized exchanges (DEX), cross-chain bridges, and non-KYC exchange services (token swaps).

It is reported that decentralized exchanges, cross-chain bridges, and non-KYC exchange services facilitated illegal proceeds of $1.2 billion, $750 million, and $1.2 billion, respectively. (Source link)

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