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{"id":4871,"date":"2025-02-27T23:54:10","date_gmt":"2025-02-27T23:54:10","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=4871"},"modified":"2025-02-27T23:54:10","modified_gmt":"2025-02-27T23:54:10","slug":"cybercriminals-ditch-bitcoin-for-stablecoins-as-illicit-trades-potentially-surpassed-51-billion-in-2024-chainalysis","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=4871","title":{"rendered":"Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 \u2013 Chainalysis"},"content":{"rendered":"<p>Chainalysis reported that illicit crypto transactions surpassed $51 billion in 2024, driven by AI-driven fraud, stablecoin laundering, and cybercrime networks. Criminals are now favoring stablecoins over Bitcoin due to faster transactions and minimal price fluctuations. The report also highlighted a rise in cyber extortion tactics and market manipulation schemes. Regulatory scrutiny is expected to increase as criminals adapt to enforcement measures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainalysis reported that illicit crypto transactions surpassed $51 billion in 2024, driven by AI-driven fraud, stablecoin laundering, and cybercrime networks. Criminals are now favoring stablecoins over Bitcoin due to faster transactions and minimal price fluctuations. The report also highlighted a rise in cyber extortion tactics and market manipulation schemes. Regulatory scrutiny is expected to increase [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/4871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4871"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/4871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/4872"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}