Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Subhashree
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