Crypto crime reached an all-time high in 2025, with $158 billion in illicit trades, largely driven by a ruble-pegged stablecoin linked to Russia. TRM Labs highlights the growing role of stablecoins in facilitating these activities.
Iran has allegedly used UK crypto platforms to evade sanctions with $1 billion in secret flows, according to a report by TRM Labs, highlighting the need for stricter regulations in the crypto industry.
Discover how TRM Labs has exposed the weaponization of cryptocurrency by nation-states to evade sanctions and fund illicit activities, with insights into North Korea’s crypto thefts and regulatory responses.
Russian cybercrime networks have been linked to the laundering of over $35 million in cryptocurrency stolen from LastPass users. TRM Labs has identified the network responsible for the laundering, highlighting the growing threat of cybercrime in the cryptocurrency space.
TRM Labs reports that stablecoin adoption in Venezuela is expected to rise due to the weakening Bolívar and ongoing economic instability.