Crypto crime hit a record US$ 154 billion in 2025, driven by a 694% surge in sanctions evasion by nation-states using blockchain, according to Chainalysis. Russia launched a ruble-backed token transacting over US$ 93 billion, while North Korea stole nearly US$ 2 billion including the US$ 1.5B Bybit exploit. https://thedefiant.io/news/security/crypto-crime-hits-record-usd154-billion-as-sanctioned-states-turn-to-blockchain #Blockchain #Crypto #Crime #Chainalysis

Crypto Crime Hits Record $154 Billion as Sanctioned States Turn to Blockchain
Illicit cryptocurrency activity surged to a record $154 billion in 2025, driven largely by a sharp increase in sanctions evasion by nation-states using blockchain networks, according to a new report from blockchain analytics firm Chainalysis.