Chainalysis

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Subject (96)Crypto Crime in 2025 Was Primarily Driven by 694% Surge in State-Driven Sanctions Evasion Volume
Preheader (129)The value received by sanctioned entities surged 694% in 2025, driving total illicit transaction volume to a record $154 billion.
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Crypto Crime in 2025 Was Primarily Driven by 694% Surge in State-Driven Sanctions Evasion Volume

The value received by sanctioned entities surged 694% in 2025, driving total illicit transaction volume to a record $154 billion.
Crypto Crime in 2025 Was Primarily Driven by 694% Surge in State-Driven Sanctions Evasion Volume