01-05-2019 14:17 via feedproxy.google.com

$356 million in cryptocurrency stolen in first three months of 2019

Cryptocurrency thieves earned at least $356 million in the first quarter of 2019, which could see the industry face a billion-dollar money laundering problem by year’s end. Payments from US-based exchanges to offshore cryptocurrency wallets also increased 46 percent over the last two years, analytics firm CipherTrace reports with new research. “Once these payments reach exchanges and wallets in other parts of the globe, they fall off the radar of US authorities,” said Cip
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