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Industry News: ESG5

    Cryptocurrency Thefts, Fraud Hit $1.2 billion in First Quarter

    May 14, 2019 9:48:22 AM

    2019-04-29

    Euronews: Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to $1.2 billion (920.67 million pounds), or 70 percent of the level for all of 2018, cybersecurity firm CipherTrace said on Tuesday. The value of losses from crime in the digital currency sector in 2018 hit $1.7 billion. But cryptocurrency crime has ballooned as the market has slowed down, prices have plunged and business activity has stalled...

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    Topics:Global

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