Author: Azizur Rahman 6 January 2022
With Chainalysis’ Crypto Crime Report stating that cryptocurrency-related crime was at an all-time high in 2021, Rahman Ravelli were asked for their opinions by Financial News.
They said that as the number of cryptocurrency investors continues to rise, it comes as no surprise that there are a small minority of individuals who are seeking increasingly creative ways to make illegal gains.
They added that regulatory gaps and patchy enforcement efforts create opportunities for criminal activity. But they emphasised that the issue is now on the radar of regulators.
Rahman Ravelli argued that an increase in enforcement activity and improved regulation will lead to a drop in the number of illegal crypto transactions, which will further heighten the appeal of cryptocurrency.
Rahman Ravelli's comments can be read on Financial News. (Subscription required)
Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.