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Image Credit: Cryptopotato

Chainalysis Report Reveals Rising Sophistication in Crypto Crime

  • The 2025 crypto crime report by Chainalysis highlights the rising sophistication of criminal activities.
  • Stablecoins have overtaken Bitcoin as the primary currency for illicit crypto transactions, accounting for 63% of such activities.
  • Ransomware payments have declined by 35% in 2024, attributed to law enforcement crackdowns and reduced willingness to pay.
  • Crypto theft increased by 21% in 2024, reaching $2.2 billion, with North Korean hackers responsible for 61% of the thefts.

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