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Cryptocurrency Forensics And Analysis Firm Finds $400 Million Worth Of XRP Tokens Linked To Illegal Activity
Summary: Cryptocurrency forensics and analysis firm Elliptic has tied about $400 million worth XRP tokens to illegal transactions, according to a press release. the firm indicated on Nov. 20 that $400 million worth of XRP transactions are linked to illegal activity. However, the $400 million represents less than 0.2% of total XRP transactions, showing that the ...
Cryptocurrency forensics and analysis firm Elliptic has tied about $400 million worth XRP tokens to illegal transactions, according to a press release.
the firm indicated on Nov. 20 that $400 million worth of XRP transactions are linked to illegal activity. However, the $400 million represents less than 0.2% of total XRP transactions, showing that the bulk of activity is legitimate. These findings are the introduction to the beta version of transaction monitoring support for XRP. The system will enable clients to check if a transaction is connected to illicit activities or sanctioned entities.
By Roland James
Tags: Elliptic,Illegal activity,XRP
Link: Cryptocurrency Forensics And Analysis Firm Finds $400 Million Worth Of XRP Tokens Linked To Illegal Activity [Copy]
