🕵️♀️ Crypto crime may have cost sector $1.2 billion in Q1, says report
A new report by CipherTrace says $1.2 billion worth of crypto was lost in Q1 2019, 71% of the total lost in all of 2018 at $1.7 billion. Included in the figures were Quadriga's $195 million losses and Bitifinex's missing $850 million. According to CipherTrace, a lack of clear regulations was the cause for such high losses in Q1, with cross-border payments being a significant sector yet to be examined.
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