Over 4,000 ‘criminal whales’ holds over $25B worth of cryptocurrency: Chainalysis report
According to the data, over 4,068 criminal 'whales' hold over $25B in cryptocurrency from a multitude of illicit sources and represents 3.7 per cent of all cryptocurrency whales. Cryptocurrency theft grew even more, with roughly $3.2B worth of cryptocurrency stolen in 2021 - a 516 per cent increase when compared to 2020.
In November 2021 the Internal Revenue Service Criminal Investigations division of the US announced that it has seized over $3.5B worth of cryptocurrency in 2021 - all from non-tax investigations - representing 93 per cent of all funds seized by the division during that time period.
