Oxford Business Law Blog - Sex, drugs, and bitcoin: How much illegal activity is financed through cryptocurrencies?

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Cryptocurrencies have grown rapidly in price, popularity, and mainstream adoption. The total market capitalization of bitcoin alone exceeds $250 billion as at January 2018, with a further $400 billion in over 1,000 other cryptocurrencies. The numerous online cryptocurrency exchanges and markets have daily dollar volume of around $50 billion. Over 170 'cryptofunds' have emerged (hedge funds that invest solely in cryptocurrencies), attracting around $2.3 billion in assets under management. What was once a fringe asset is quickly maturing. 


Bitcoin, Darknet, Illegal Activity

Period19 Feb 2018

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