New Report: fiat is the preferred tool for 99.67% of cybercrime, measured in annual losses.
What Gary Gensler and others say: "Bitcoin is the preferred tool for ransomware"
What they don't tell you
1. Ransomware ($20 billion losses p.a) is 0.33% of cybercrime ($6 Trillion of losses p.a)
2. The US Treasuries own Money Laundering reports say fiat is by far the preferred vehicle for the online financial crime
Report and data sources š
https://batcoinz.com/do-cybercriminals-prefer-fiat-or-bitcoin-the-data-is-clear/
dsbatten / Daniel Batten
npub13lā¦4lpsy
2024-09-03 19:59:35
Author Public Key
npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsyPublished at
2024-09-03 19:59:35Event JSON
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"content": "New Report: fiat is the preferred tool for 99.67% of cybercrime, measured in annual losses. \n\nWhat Gary Gensler and others say: \"Bitcoin is the preferred tool for ransomware\" \n\nWhat they don't tell you \n\n1. Ransomware ($20 billion losses p.a) is 0.33% of cybercrime ($6 Trillion of losses p.a)\n2. The US Treasuries own Money Laundering reports say fiat is by far the preferred vehicle for the online financial crime \n\nReport and data sources š \n\nhttps://batcoinz.com/do-cybercriminals-prefer-fiat-or-bitcoin-the-data-is-clear/",
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