5. 📊 Illicit Crypto Volume Hits ~$51B in 2024
Chainalysis estimates $40B–$51B flowed into illicit wallets in 2024—hack proceeds, scam earnings, ransomware, and more—with 63% moving via stablecoins. Though absolute value rose, illicit share relative to global volume fell to the lowest since 2021 (~0.14%).
Takeaway
Criminal groups increasingly prefer stablecoins for laundering.
Organized crime syndicates exploit crypto for drug trafficking, extortion, and sanctions evasion.
Visual: Stacked blocks: stablecoin dominance bar, total volume gauge, global map.