Illegal Cryptocurrency Transactions Decline to 0.14% in 2024
- The share of illegal cryptocurrency transactions decreased to 0.14% in 2024.
- Total illegal transactions reached $41 billion, with addresses linked to criminal activity receiving $40.9 billion.
- Stablecoins accounted for 63% of illegal transactions, followed by Bitcoin and Monero.
- North Korean hackers were responsible for stealing $1.34 billion, or 61% of stolen funds.
- A rise in AI use has complicated law enforcement efforts against scams and fraud.
In 2024, the share of illegal cryptocurrency transactions fell to just 0.14%, with stablecoins dominating these activities at a rate of 63%. North Korean hackers were notably responsible for the majority of stolen funds, totaling $1.34 billion.
