Illicit Crypto Activity Hits Record $158 Billion in 2025, TRM Labs Report Finds
Blockchain intelligence firm TRM Labs' 2026 Crypto Crime Report reveals that illicit cryptocurrency activity reached an all-time high of $158 billion in 2025, a 145% increase from $64.5 billion in 2024, reversing a multi-year decline. The surge was driven primarily by Russian-linked sanctions evasion activity, particularly the ruble-pegged
