Summary

Crime makes up a small subset of a much larger cryptocurrency market, but it remains significant: In 2018, a record-setting amount of crypto crime took place. The types of crypto crime are diverse and increasingly sophisticated, from Ethereum-based scams rising and falling with cryptocurrency prices, to darknet markets showing resilience against market trends, to hacks being carried out by professional organizations with distinct modus operandi. We take a deep dive into three types of crypto crime and the implications for the larger cryptocurrency ecosystem.

Key Sections

Darknet Markets
Darknet market activity has thrived for years and 2018 was no exception. We take a close look at the "whack-a-mole" problem with darknet markets, where law enforcement closes down one darknet market only to see activity shift to a different one. 

Ethereum Scams
Ethereum is infamous as a cryptocurrency of choice for scammers. We dig into the data to evaluate just how pervasive ethereum scams actually are, and which ethereum scams tactics are successful and which fail. 

Hacks
Hacks often make headlines when the affect prominent organizations, but what happens afterwards? In this article, quoted by the Wall Street Journal, we decode how prominent hacking organizations move stolen funds and highlight what exchanges can do to contain the damage. 

Exclusive Webinar
Chainalysis senior economist, Kim Grauer, presented the most comprehensive research into illicit activity involving cryptocurrency that we've conducted to date. Kim answers live questions from the audience and provides recommendations on what institutions can do to mitigate the exposure to these types of crime involving cryptocurrencies.