Jonny Fry Posted

Cryptos that need tracking

2 min video looking at how to track down your lost cryptos




Historically, crypto currencies have had a reputation for being widely used by criminals and terrorists because of their anonymity and the fact that they can be transferred without the need to use traditional financial markets and banks. However, according to analysis from a company called Chainalysis there are actually less than 1% of crypto transactions linked to illegal activities. Given the capitalisation of cryptos being over $500billion, 1% would equate to $5billion, which is a drop in the ocean compared to the $800billion to $2trillion of cash...