Crypto Fraud Losses Are Declining, but Hacking Will Increase by 17% by 2024
![Crypto Fraud Losses Are Declining, but Hacking Will Increase by 17% by 2024](https://media.askfx.com/assets/61076-crypto-fraud-losses-are-declining-but-hacking-will-increase-by-17-by-2024-1024x585.jpg)
Despite a thriving crypto market, the volume of illegal crypto activities has surged by $10.6 trillion. This trend is anticipated to persist until 2024. The estimated volume of illegal transactions stands at $45 billion. According to TRM Labs’ most recent crypto crime report, criminal activity has decreased by 24% over the past year and now represents only 0.4% of the total market. TRM Labs has unveiled its latest findings in cryptocurrency crime…