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January 29, 2020 08:54 pm GMT

2019 was a phenomenal year for cryptocurrency (scams)

2019 was a phenomenal year for cryptocurrency (scams)

Bust out the champagne, folks! It's time to celebrate. 

2019 was one hell of a year for cryptocurrency. Or, more specifically, cryptocurrency scams. That's according to Chainalysis, a respected blockchain analysis company that works with law enforcement and the Department of Justice to monitor and track cryptocurrency transactions tied to criminal activity

Its 2020 State of Crypto Crime report, released today, goes into great detail on the types and scale of scams infecting the broader digital currency space. And, shocker, it's a lot. Specifically, 2019 was a banner year for those looking to commit some crime with the help of their old pseudonymous friend Bitcoin. Read more...

More about Bitcoin, Scams, Blockchain, Cryptocurrency, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/gTrTBl2cAwM/

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