Here's a nice read on the growth of cryptocurrency vis-a-vis the attacks that seem to hinder it also:
"Since they first hit financial markets, and moreso as their popularity expands, cryptocurrenciesspecifically the decentralized digital technology that underlies alt-currencieshave also been a lure for individuals looking for an efficient way to hide their identities, activities and illegal financial transactions. Even as the number and types of tokens proliferate, certain alt-currencies have also become the aiders and abbetors of criminal activity, darkside coins if you will."
Read the rest of the writeup here:
https://www.investing.com/analysis/as-cryptocurrencies-proliferate-so-do-certain-criminal-activities-200302190This is more of the same, like always the media is trying to make it seem like the only persons that use cryptocurrencies are criminals and nothing more, while there is no doubt that there is criminal activity in cryptocurrencies, this is nothing to be surprised about, there is a big amount of criminal activity in regular currencies as well and there is no one claiming that we should ban those currencies just because criminals have found a way to take advantage of it, so that is a very weak argument to try to say that cryptocurrencies need a heavy regulation.