Report: Encrypted asset theft in the first quarter of 2019 exceeds $1.2 billion

On July 24th, CipherTrace, a cryptocurrency security company, reported that in the first quarter of 2019, the amount of fraud and fraud in the cryptocurrency industry soared to $1.2 billion, accounting for 70% of the $1.7 billion for the full year of 2018. The report pointed out that more than $356 million in exchanges and users were stolen. In addition, they raised serious questions about QuadrigaCX's loss of $195 million.