Birdwatch Note Rating
2024-02-23 04:39:05 UTC - HELPFUL
Rated by Participant: 7B540AA583A38B754A01EB706270EE045EA0EE1ECFCD845267874DEE888A0393
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/
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