dsbatten on Nostr: New Report: fiat is the preferred tool for 99.67% of cybercrime, measured in annual ...
New Report: fiat is the preferred tool for 99.67% of cybercrime, measured in annual losses.
What Gary Gensler and others say: "Bitcoin is the preferred tool for ransomware"
What they don't tell you
1. Ransomware ($20 billion losses p.a) is 0.33% of cybercrime ($6 Trillion of losses p.a)
2. The US Treasuries own Money Laundering reports say fiat is by far the preferred vehicle for the online financial crime
Report and data sources 👇
https://batcoinz.com/do-cybercriminals-prefer-fiat-or-bitcoin-the-data-is-clear/
What Gary Gensler and others say: "Bitcoin is the preferred tool for ransomware"
What they don't tell you
1. Ransomware ($20 billion losses p.a) is 0.33% of cybercrime ($6 Trillion of losses p.a)
2. The US Treasuries own Money Laundering reports say fiat is by far the preferred vehicle for the online financial crime
Report and data sources 👇
https://batcoinz.com/do-cybercriminals-prefer-fiat-or-bitcoin-the-data-is-clear/