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Reuters cites a Crypto Anti-Money-Laundering (AML) report for Q3 2018 from crypto intelligence firm CipherTrace, which pitted the $927 million figure against last year’s $266 million total.
According to the report, “smaller” thefts of crypto worth between $20-60 million are also steadily rising, hitting $173 million in the third quarter.
Reuters interviewed CipherTrace CEO Dave Jevans, who is also chairman of the global anti-cybercrime organization, the Anti-Phishing Working Group.
Jevans told the agency that the real figures are likely to be 50 percent higher than those that were successfully traced
Read full article » https://cointelegraph.com/news/crypto-exchange-hack-losses-already-250-higher-than-2017-q3-report-shows
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