"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.
They are exaggerating to make the crypto industry the boogeyman, so the mass population will accept to be controlled easier via legislations, taxes, etc... It would have been interesting to give the figures for the fiats currencies. Because we think it's a lot, but if we could compare it with the dollar it would be peanuts! I remember a slogan saying "Create the problem and offer the solution"
Illegal activities with Bitcoin have decreased by more than half over the last 5 years....without Satoshi coming to say "hey! Here is the new regulation to fight the crime"
With ransomware, there was a big black spot on crypto as it was used in ransoms which was in news for days. There are many other examples like this and it's a thing everyone in the community has to think about.
There are many people trying to get some income in the crypto and because of that, they dont think too much what could some possible troubles or problems might happen when they get involved there. With that problem, we have encounter some problems like online crimes like scam activities and illegal activities that other people perform online. But with the help of some tools like ransomware and other application that helping to prevent this kind of activities to happen, we mostly thankful because we are not letting that to spread.