Birdwatch Note Rating
2024-02-23 07:00:04 UTC - HELPFUL
Rated by Participant: 4EB2E5C161F5A0AE9B058AA119748A1BBE4AF3B4DE2B2A99751E0059DDACD8F9
Participant Details
Original Note:
Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity. Bitcoin's share of this is significantly lower with 25%. Illicit transactions with Euros accounted for 1% of the EU's GDP or €110 billion in 2010. https://www.chainalysis.com/blog/2024-crypto-crime-report-introduction/ https://transparency.eu/priority/financial-flows-crime/
All Note Details