Birdwatch Note Rating
2024-02-22 12:43:58 UTC - HELPFUL
Rated by Participant: 90F251257553FDBDD2C0921705CB2D611E550647E255C2CDEA3119392381A573
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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