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Cryptocurrency crime surges in first five months of coronavirus pandemic

Cryptocurrency crime surges in first five months of coronavirus pandemic | Technology NYOOOZ

NEW YORK (Reuters) – Crypto intelligence company CipherTrace, which started tracking cryptocurrency crime a few years ago, said it has started to see coronavirus-related frauds that require some form of digital currency payment. Losses from cryptocurrency crime including thefts, hacks, and frauds soared to nearly $1.4 billion from the beginning of the year until the end of May, a report from CipherTrace showed.







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