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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Contributors: | ; |
Format: | Electronic Article |
Language: | English |
Published: |
2019
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In: |
The review of financial studies
Year: 2019 |
Online Access: |
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