Sex, drugs, and bitcoin:How much illegal activity Is financed through cryptocurrencies?

© The Author(s) 2019. Cryptocurrencies are among the largest unregulated markets in the world. We find that approximately one-quarter of bitcoin users are involved in illegal activity.We estimate that around 76 billion of illegal activity per year involve bitcoin (46% of bitcoin transactions), which...

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Bibliographic Details
Authors: Foley, Sean (Author) ; Putnins, Talis (Author) ; Karlsen, Jonathan R (Author)
Format: Electronic Article
Language:English
Published: 2019
In: The review of financial studies
Year: 2019
Online Access: Volltext (kostenfrei)
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