Ciphertrace’s Pamela Clegg collaborated with our partner Unit21 about how criminals target fiat more than crypto

Ciphertrace’s Pamela Clegg collaborated with our partner Unit21 about how criminals target fiat more than crypto

Just because something is called a crypto-scam or crypto fraud, does not automatically mean that it would be unique to crypto activity – or that it even touches cryptocurrency  in some way.

Crypto fraud must involve some on-chain movement, transactions on the blockchainA blockchain is a shared digital ledger, or a continually up… More. Any fraud occurrence that ends with stolen crypto or a crypto scam, but originates from non-financial activity or fiat activity, still has an element of traditional fraud to it.

Click here to read more: https://www.unit21.ai/blog/combat-crypto-fraud-via-fiat

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• Source: https://ciphertrace.com/financial-criminals-target-fiat-more-than-crypto/