2020 was an incredible year for cryptocurrency. Despite the devastation wrought by the worldwide Covid-19 pandemic, Bitcoin has shattered its previous price records, largely driven
by the increased that many in the cryptocurrency community have long speculated would drive the asset to new heights. However, cryptocurrency remains appealing for criminals, primarily due to its pseudonymous nature and the ease with which it allows users to instantly send funds anywhere in the world, despite its transparent and traceable design. But the good news is that cryptocurrency-related crime fell significantly in 2020.
| 2020 Total cryptocurrency value sent and received by illicit entities vs. Illicit share of all cryptocurrency activity