Elliptic: Cross-chain encryption crime has exceeded $21.8 billion in 2025.
Golden Finance reports that a report from blockchain analysis company Elliptic shows that by 2025, criminals have transferred illegal gains amounting to $21.8 billion through decentralized exchanges, cross-chain bridges, and exchange services, of which about 12% ($2.5 billion) comes 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 accelerates, the market boom may trigger more encryption fraud.