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Over $1 billion stolen in crypto thefts and exit scams last year (and the Lightning Network is …

Over $1B stolen in crypto thefts, exit scams in 2018 (and Lightning Network is partially to blame)

Last October, CipherTrace predicted that more than $1 billion in cryptocurrency would be stolen before the end of the year. The company, which monitors legal compliance of blockchain transactions, said that there would be more than four times the amount of crypto thefts and exit scams than what was seen a year earlier, but what the firm didn’t realize was how far above their prediction the stolen amount would go.








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