After 11 Years in Business, LocalBitcoins is Shutting Down | CoinMarketCap

A statement said the business had been unable to survive "the very cold crypto winter," meaning its trading service would soon be terminated.

But it had also become a prime destination for crypto stolen through hacks and scams — and back in 2019, CipherTrace said 12% of the BTC that LocalBitcoins received had criminal ties.

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