
TL;DR Darknet market activity remains resilient, with aggregate DNM flows reaching nearly $2.6 billion in 2025, underscoring the persistence of…
TL;DR Cryptocurrency flows to suspected human trafficking services, largely based in Southeast Asia, grew 85% in 2025, reaching a scale…
TL;DR After emerging at the start of the pandemic, Chinese-language money laundering networks (CMLNs) now dominate known crypto money laundering…
TL;DR We estimate $17B was stolen in crypto scams and fraud in 2025 — as impersonation scams show massive 1400%…
In 2025, we tracked a notable rise in nation-state activity in crypto, marking the latest phase in the maturation of…