Illicit Cryptocurrency Transactions Surge 160% in 2025
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Illicit cryptocurrency transactions surged by over 160% in 2025, totaling at least $154 billion. This growth was primarily driven by sanctioned countries like Russia, Iran, and North Korea, which increasingly use digital currencies to evade financial blockades. Russia's ruble-backed A7A5 token, launched in 2025, contributed significantly to this surge, accounting for $93 billion in transactions. The rise in illicit crypto activity is also fueled by cybercrime, with stablecoins becoming the preferred medium for illicit transactions due to their stability and ease of transfer.
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09.01.2026 18:56 1 articles · 23h ago
Illicit Cryptocurrency Transactions Surge 160% in 2025
In 2025, illicit cryptocurrency transactions surged by over 160%, totaling at least $154 billion. This growth was primarily driven by sanctioned countries like Russia, Iran, and North Korea, which increasingly use digital currencies to evade financial blockades. Russia's ruble-backed A7A5 token, launched in 2025, contributed significantly to this surge, accounting for $93 billion in transactions. The rise in illicit crypto activity is also fueled by cybercrime, with stablecoins becoming the preferred medium for illicit transactions due to their stability and ease of transfer.
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- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56
Information Snippets
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Illicit cryptocurrency transactions grew by 160% in 2025, totaling $154 billion.
First reported: 09.01.2026 18:561 source, 1 articleShow sources
- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56
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Russia's ruble-backed A7A5 token accounted for $93 billion in illicit transactions.
First reported: 09.01.2026 18:561 source, 1 articleShow sources
- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56
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Stablecoins were used in 84% of illicit money flows in 2025.
First reported: 09.01.2026 18:561 source, 1 articleShow sources
- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56
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Cybercrime, including ransomware, has significantly benefited from the rise of cryptocurrencies.
First reported: 09.01.2026 18:561 source, 1 articleShow sources
- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56
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Iran's Islamic Revolutionary Guard Corps (IRGC) transacted over $2 billion in cryptocurrency.
First reported: 09.01.2026 18:561 source, 1 articleShow sources
- Illicit Crypto Economy Surges as Nation-States Join in the Fray — www.darkreading.com — 09.01.2026 18:56