⚡️📊 NEW: Illicit cryptocurrency transactions account for…

⚡️📊 NEW: Illicit cryptocurrency transactions account for only 0.4% of the total transaction volume.

This is revealed in the Crypto Crime 2025 report by TRMlabs, with the following key points:

🔹 Transactions made to evade economic restrictions imposed by international bodies remain the largest category.

🔹 Blocked addresses (on the blacklist) represent 29% of illicit transactions. These are associated with illegal activities and are subject to monitoring and potential asset freezing.

🔹 Scams and frauds. They have decreased by 40% to $10.7 billion but still represent 24% of total illicit activity. "Pig butchering" scams are on the rise and becoming one of the most favored scams.

🔹 The TRON blockchain accounts for 58% of the total illicit transactions, despite the company's active efforts to eradicate illicit actors on its blockchain.

🔹 Ransomware attacks related to cryptocurrency have reached a record level, with $2.2 billion stolen.

🔹 The report notes a decrease in the use of crypto mixers to launder funds stolen from ransomware. Exploit actors are increasingly using cross-chain bridges to obscure transactions.

🔹 Illicit sales of drugs and medications via crypto have increased by over 19%. The report observes a shift from darknet markets to encrypted chat applications (Telegram and Signal) and social media for transactions.

🔹 The growing use of AI by fraudsters to deceive victims, using voice and video deepfakes, phishing messages, pornographic images for extortion, and AI-generated images to bypass KYC.