2025 on Track to Be Worst Year for Crypto Crime, Chainalysis Says

2025-07-17 16:29:08

Main Idea

2025 is on track to be the worst year for cryptocurrency crime, with over $2 billion stolen from crypto services, including a major hack of ByBit exchange by North Korea-linked hackers.

Key Points

1. More than $2 billion worth of crypto has been stolen from various services in 2025, marking the worst year on record for cryptocurrency thefts.

2. The ByBit exchange suffered the biggest hack of the year, with $1.5 billion stolen by North Korea-linked hackers.

3. 23.35% of all crypto stolen in 2025 year-to-date came from personal wallets.

4. Non-EVM chains like Solana are gaining prominence among bad actors, with non-BTC actors paying premium fees (up to 14.5x the average fee) to move funds quickly.

5. Laundering premiums increased by 108% despite a significant drop in blockchain fees.