![Why a hike in Dogecoin [DOGE] adoption doesn't tell us the whole story](https://insights.cryptobasemarket.com/wp-content/uploads/2022/06/graph-6271946-1280-e1655971558618-157935.png)
According to a recent report by blockchain analytics company Elliptic, Dogecoin is becoming more and more linked to illegal activity. This includes Ponzi schemes, terrorism funding, and child sex abuse material (CSAM).
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