Crypto Crime Hits $158B in 2025 – But Illicit Use Keeps Falling, Says TRM

Crypto crime has totaled $158B in 2025, TRM Labs has estimated, even as illicit on-chain share has slipped to 1.2%. Sanctions-linked flows, tied to Russia and ruble stablecoin A7A5, have driven volume, while theft has surged after the $1.46B Bybit breach. Scams have stayed near $35B, with AI use up.

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