Scams, Hacks & Breaches

Crypto Flows To Human Traffickers Reaches ‘Hundreds of Millions of Dollars,’ Surging 85% in One Year: Chainalysis

The number of crypto payments for human trafficking transactions surged in 2025, according to new report by the blockchain analytics firm Chainalysis.

The report shows that crypto flows to suspected human trafficking groups reached hundreds of millions of dollars over a period of one year, marking an increase of 85%.

“The dollar amounts significantly understate the human toll of these crimes, where the true cost is measured in lives impacted rather than money transferred.”

The firm says cryptocurrency-facilitated human trafficking exploded alongside the growth of Southeast Asian scam compounds, online casinos and gambling sites as well as Chinese-language money laundering (CMLN) and guarantee networks operating on the messaging platform Telegram.

Payment methods vary across different categories of human trafficking. International escort services and prostitution networks prefer stablecoins, which suggests that the entities involved prioritize payment stability and ease of conversation over the risks of the crypto assets getting frozen by centralized issuers.

Meanwhile, child sexual abuse material (CSAM) vendors have shifted away from Bitcoin (BTC) with the emergence of alternative layer-1 blockchains.

Chainlysis says the increasing sophistication of these illicit networks require comprehensive monitoring that leverages blockchain analysis, traditional anti-trafficking efforts and public education.

“As these networks continue to evolve, the transparency of blockchain technology provides unprecedented opportunities for detection, disruption, and enforcement that would be impossible with traditional payment methods.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Source link

Related posts

Citibank Employee Transfers $166,000 To Himself After Gaining Unauthorized Access to 79-Year-Old Dementia Patient’s Account: Manhattan District Attorney

THE SCAM BROKER

Healthcare Firm Handing up to $5,000 to Victims After Hack Exposed Full Names, Social Security Numbers, Bank Account Info and Confidential Medical Details

THE SCAM BROKER

Houston Man Orchestrates $40,000,000 Bank Fraud Scheme, Fooling Lenders Into Backing Big Loans for Bogus Companies: DOJ

THE SCAM BROKER

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More