2021’s crypto bull market made criminals much richer

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The price of crypto coins went up. So did some net worths.

, the value of popular coins jumped a lot from the end of 2020 to the end of 2021, according to data from Yahoo Finance:Ethereum: ended 2020 around $737, ended 2021 around $3,700Put another way, most of the crypto criminals had at the beginning of 2021 would’ve ballooned in value by the end of the year, if they kept it around.

Ransomware operators were the fastest to get rid of them, keeping funds for an average of 65 days in 2021, compared to the 468-day all-time average. Even darknet market operators, whose previous average was a long-haul 1,252 days, were only holding onto funds for just over 250 days . Fraudsters and scammers fell somewhere in-between, keeping funds for an average of over 100 days in 2021.

 

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also made a whole lotta good regular people better off too fam

The US pretty much relies on criminal activities for their economic gains..

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the lockdown made criminals much richer too

Gee, who would have seen that coming… 😑

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