$158 Billion in Illicit Crypto Transactions Sets Record in 2025: Report
$158 Billion in Illicit Crypto Transactions Sets Record in 2025: Report
A new report reveals that illicit crypto asset inflows surged to a record $158 billion in 2025, marking a 145% increase from the previous year. This substantial rise, driven by sanctioned entities, fraud, hacks, and ransomware, signals the highest level of illicit transactions in five years.
According to a new report, illicit crypto asset inflows reached an unprecedented $158 billion last year. This figure represents a significant 145% jump from $64.5 billion recorded in 2024, reversing a multi-year decline and reaching a five-year high, as highlighted by TRM Labs. The surge in illicit transactions is primarily attributed to activities involving sanctioned entities, various forms of fraud, and numerous hacks, including ransomware incidents.