“Wash trading accounts for trillions of dollars of fake trading and over 70% of centralised exchange volume” (Griffin and Mei, 2024)
#Binance #Coinbase #Kraken #eToro #Gemini #crypto #BTC #hodl #CEX

“38.7% or $12 billion of capital from 5,935 ICOs were likely scams.” (Griffin and Mei, 2024)
#ICO #InitialCoinOffering #crypto #tokens

“Romance scammers prefer the stablecoin Tether over other cryptocurrencies and the Ethereum network over Bitcoin.” (Griffin and Mei, 2024)
#tether #bitfinex #ethereum #bitcoin #ETH #BTC #stablecoins

“Overall, in the set of addresses touched by criminals, we find $1.172 trillion dollars of volume, 84% of which is in Tether.” (Griffin and Mei, 2024)
#crypto #tether #bitfinex #teth

“Cryptocurrencies thus appear to be a much more cost-effective channel for moving illicit funds across borders [than physical cash].” (Griffin and Mei, 2024).
#crypto #tothemoon #ethereum #bitcoin #$TRUMP

“Scammer swap transactions may constitute more than 58% of Tokenlon transactions since 2022.” (Griffin and Mei, 2024)
#Tokenlon #crypto #decentralisation #DEX #DeFi

“Transactions in phishing scams use proportionally more ETH and lead towards Uniswap, Kucoin and Binance.” (Griffin and Mei, 2024)
#uniswap #crypto #ethereum #ETH #UNI