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Criminals use what's known as the dark web to facilitate large-scale cryptocurrency theft. There are now an estimated 12, marketplaces and 34, offerings related to cryptotheft for hackers to choose from, the company said in a study released Thursday.
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Hackers steal millions in cryptocurrency — How do they turn it into real cash? By Alex Rolfe September 14, Daily news Share: 2, views For years criminals have made money through criminal schemes like drug trafficking and counterfeiting cash. But there is a big difference between hacking a cryptocurrency exchange and actually getting your hands on all the cash. Doing that requires moving the stolen cryptocurrency, laundering it so no one can trace it, and then exchanging it for dollars, euros, or yuan that can buy the weapons, luxuries, and necessities that cryptocurrencies cannot.
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