Rise in crypto crime a concern With cryptocurrency adoption rising globally, recent data shows a disturbing surge in crypto crime. According to Chainalysis’ 2024 Crypto Crime Report, illicit addresses received approximately $40.9 billion in 2024. This figure is expected to grow to $51
crime
Ransomware emerges as a notable exception New research from Chainalysis, the blockchain analysis firm headquartered in New York City, reveals a significant drop in global crypto-related crime. Year-to-date (YTD) illicit activity has decreased by 19.6%, from $20.9 billion to $16.7 billion. Despite the decline in illicit transactions, ransomware has emerged as a notable