Report: 0.2% of XRP transactions are used for various illegal activities

On November 20th, according to a new report released today by blockchain research firm Elliptic, criminals use XRP for illegal activities. The XRP worth about $400 million can be traced back to various Ponzi schemes and darknet activities. But while this sounds a lot, it only accounts for 0.2% of XRP transactions. Elliptic's chief scientist and co-founder Tom Robinson said: "No matter how much the amount indicates illegal activities in the token." "So if you are a company that handles some of these transactions, then you need to check because you Don't want to be an organization used to launder money."