The crypto industry is often criticized for being a breeding ground for illicit activities. According to a Chainanalysis report, the numbers are not as bad as you would expect. According to their report, only 1.1% of all cryptocurrency transactions are illicit. This was not always the case though, in its infancy Bitcoin was heavily linked with the Silk Road, which is an online darknet marketplace, offering visitors the chance to buy weapons and drugs with absolute anonymity.
But as the industry grows, exchanges like LocalBitcoins and wallets are increasingly taking a zero-tolerance approach to illicit activities, and it is now easier than e
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