The study of the analytical company Chainanalysis showed that in 2019 the number of bitcoins used in illegal activities could reach a record level of $ 1 billion, even despite a reduction in their share in the total volume of transactions.
For the first half of the year, the cost of the PTS involved in illegal operations is estimated at $ 515 million. Researchers estimate that by the end of the year this figure will double.
At the same time, the number of bitcoins spent on illegal goods and services is decreasing. According to Hannah Curtis, CEO of Chainanalysis, this year only about 1% of the total user activity falls on such transactions. Recall in 2012, more than 7% of all Bitcoin transactions were related to crime.
The study says that the specified PTS for $ 515 million were used for payments on the darknet. According to the report, the PTS is the most preferred cryptocurrency for payment, and the second place is taken by monero (XRM).
Another recent study by the company showed that despite the growth in the total volume of settlements in Bitcoin, it still remains speculative, not a means of payment.