Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
crypto.news 2025-01-15 15:29:08

Illicit crypto volume could have reached $51b in 2024: report

Illicit crypto volume could have reached $51b in 2024: report

Cryptocurrency illicit activity is diversifying, with illicit crypto volumes for 2024 expected to surpass $51 billion, according to a new report. While the total volume identified so far is $40.9 billion, historical trends suggest that figure will grow as more wallet addresses are linked to criminal activity, according to Chainalysis’s 2025 Crypto Crime’s report. The report highlights a 25% annual growth rate in illicit activity between reporting periods since 2020. The report states that there was “$40.9 billion received by illicit addresses known today, but we estimate the total may be closer to $51 billion given historical trends.” This year’s trends point to an increase in professionalization within the crypto crime ecosystem, with large-scale on-chain services emerging to support laundering and other illicit activities. One notable example is Huione Guarantee, an online marketplace offering laundering-as-a-service The group recently launched its own stablecoin, USDH, to evade regulatory scrutiny. You might also like: Why Bitcoin could shock traders with drop to $70,000, a deep dive Stablecoins are dominating the diverse illicit activity According to the report, stablecoins now account for 63% of all illicit transaction volume, according to the report. This dominance reflects broader trends in crypto usage, with stablecoins widely adopted for legitimate purposes such as remittances and cross-border payments. However, ransomware attacks, stolen funds, and scams remain prevalent. North Korean hackers were responsible for $1.34 billion of the $2.2 billion in stolen crypto this year, primarily through private key compromises. Scams have also become more sophisticated, incorporating AI-driven tactics such as personalized sextortion schemes. While darknet market activity and fraud shop volumes declined, ransomware groups continued to earn hundreds of millions. Law enforcement efforts, including the takedown of the Universal Anonymous Payment System, have disrupted several operations but have not eliminated their presence. Despite a drop in the percentage of illicit activity relative to total on-chain volume—down to 0.14% in 2024—experts believe these figures will rise as data attribution improves. You might also like: Nansen integrates with Stellar for better blockchain analytics

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
290
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.