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Elliptic: Cross-chain encryption crime has exceeded $21.8 billion in 2025.
Golden Finance reported that a report by blockchain analysis company Elliptic shows that as of 2025, criminals have transferred illegal proceeds totaling $21.8 billion through decentralized exchanges, cross-chain bridges, and exchange services, with about 12% ($2.5 billion) coming from North Korean hackers. In complex cases, one-third involve more than three blockchains, and 27% cross more than five chains. Elliptic warns that as AI and blockchain development accelerate, the booming market may trigger more encryption fraud activities.