There is an increase in criminal activities involving cryptocurrencies.

The New TRM Report Brings Clarity

TRM Labs has published a new report indicating that there has been a notable increase in the illegal use of cryptocurrencies in recent years. Activities that were on a declining trend in previous years have now started to rise again.

The report also highlights that the share of illegal activities within the total digital asset volume is still decreasing. However, it points out that malicious actors have adopted more sophisticated methods. Infrastructure to evade state-sponsored sanctions and global networks that launder the proceeds of crypto thefts are among the main reasons for this situation.