2019 is shaping up as the year of the “exit scam” according to a new study from CipherTrace, a cryptocurrency intelligence firm based in Silicon Valley. According to the company's latest Q2 2019 Cryptocurrency Anti-Money Laundering (AML) report, which provides an overview of the major cryptocurrency thefts, scams, and fraud worldwide, criminals and fraudsters netted approximately $4.26 billion for the first six months of the year. To put this in perspective, cryptocurrency thefts reached $1.2 billion in the first three months of 2019 and $1.7 billion for the entire 2018. Although exchanges, wallets, and other ... (full story)