Ciphertrace’s Pamela Clegg collaborated with our partner Unit21 about how criminals target fiat more than crypto
Just because something is called a crypto-scam or crypto fraud, does not automatically mean that it would be unique to crypto activity – or that it even touches cryptocurrency in some way.Crypto fraud must involve some on-chain movement, transactions on the blockchainA blockchain is a shared digital ledger, or a continually up... More. Any fraud occurrence that ends with stolen crypto or a crypto scam, but originates from non-financial activity or fiat activity, still has an element of traditional fraud to it.Click here to read more: https://www.unit21.ai/blog/combat-crypto-fraud-via-fiat