Birdwatch Note Rating
2024-02-22 13:43:00 UTC - HELPFUL
Rated by Participant: 2BFD8B721633CA1FA27DCEEF6D56697C5D6C06AC75AAB988DBA88658D32E5B2E
Participant Details
Original Note:
This is a False Narrative. The majority of cryptocurrency is NOT used for criminal activity. According to an excerpt from 'Chainalysis’ the criminal share of all cryptocurrency activity fell to just 0.34% ($10.0 billion in transaction volume). https://go.chainalysis.com/2023-crypto-crime-report.html https://home.treasury.gov/system/files/136/2022-National-Money-Laundering-Risk-Assessment.pdf
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