Tag Archives: CipherTrace

Identity fraud attempts double as Bitcoin price surges

New data from Onfido reveals a 2 times year-on-year increase in identity fraud attempts in February 2021 in tandem with the 5X year-on-year surge in Bitcoin’s price. Over the past 12 months, the pandemic has driven a surge in fraudsters, with the recent Onfido Identity Fraud report revealing identity fraud increased 41% …

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