Birdwatch Note Rating
2024-02-23 06:40:00 UTC - HELPFUL
Rated by Participant: D3D7357DA732CC1A3D67E9A58DB2C2ECCFF9D6C9AE05ADD7CA7E0FEB133F318B
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