Topic: Blockchain
Title: Theft and Fraud in Crypto doubled in 2019
What: Cipher Trace, a blockchain forensics firm, reports that there has been an increase in theft and fraud cases last year to the tune of 4.5 billion, more than twice the amount recorded in 2018.
Why/how: Ponzi schemes, exit scams, and other forms of cryptocurrency financial fraud.
More ...: CipherTrace also details in its report new blindspots resulting from increased regulations.
Methodology: Online research and use of a tumbled pyramid in the online article
Sources:
• https://ciphertrace.com/q4-2019-cryptocurrency-anti-money-laundering-report/
• https://decrypt.co/18988/crypto-fraud-theft-doubled-4-5-billion-2019-new-report
Wordcount: 200-300
Qualification statement: A curious state of affairs investors may need to be aware of.
Time: 24 hours
Budget: 200TECH