"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
not only in the cryptocurrency crime in this world everything is increasing the crime rate so blaming the cryptocurrency only for the crimes will not give any solution for that so I think we need to make the clear decision before what we do this only makes everyone to be clear minded in the future.
Yes, I think the crime using fiat still bigger than the cryptocurrency as the cryptocurrency still a new thing for them. But I admitted that perhaps, the illegal transaction in cryptocurrency has grown than before and that is happening in many countries. But still, we cannot blame the cryptocurrency for the crime because fiat still is the option for the bad people to use for the illegal activity. Perhaps, in the future, we will see the crime using cryptocurrency growth again than today as many people will know what cryptocurrency is.
People weren't not that aware about cryptocurrency for its illegal usage. Crimes were there even before the existence of cryptocurrency, to me fiat usage on crime is bigger than cryptocurrencies. Maybe there were more scams in the name of cryptocurrency, but there is not much of crime associated with it.