Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from cybersecurity firm CipherTrace released on Wednesday.
The report, which looks at criminal activity and money laundering in the digital currency market, also showed a steadily growing number of smaller thefts in the $20 million-to-$60 million range, totaling $173 million in the third quarter.
Digital currencies stolen from exchanges in 2017 totaled just $266 million, according to a previous report from CipherTrace.
‘Enforcement 40’ for 2020
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