![Why Monero [XMR] is a growing favorite among ransomware groups](https://insights.cryptobasemarket.com/wp-content/uploads/2022/04/pankaj-patel-u2ru4qbxa5q-unsplash-e1650447978443-131566.jpg)
Monero is reportedly the most favored currency used by ransomware actors. A recently released study by CipherTrace reports on the trends in ransomware in 2021.
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