Illegal crrypto transactions could have hit as much as $51 billion in 2024, according to Chainalysis
With the introduction of ETFs, the ratio of crime-to-industry volume dropped significantly
Criminals are moving away from BTC and into stablecoins
Cryptocurrency addresses known to be associated with criminals received $40 billion in 2024, marking another hugely successful year for wrong-doers across the world.
The annual report from Chainalysis notes this is not a precise figure, and as time goes by, and new information emerges on previous crimes, it will likely rise – possibly to be closer to $51 billion.
