Asia has a violent crypto crime problem, Chainalysis H1 2025 report
Crypto crime numbers in the first half of 2025 have already surpassed all of 2024’s stolen funds, and Asia is reportedly at the center of it all. A mid-year report by blockchain analytics firm Chainalysis released Thursday revealed more than $2.17 billion has been stolen from crypto services, placing this year on course to become the worst in crypto theft history.
Per the software and blockchain security firm’s findings, the biggest contributor to the baffling numbers in stolen funds was the $1.5 billion Bybit hack, linked to North Korea’s Lazarus Group. The breach is the largest individual hack ever recorded in crypto and has already outpaced the group’s total 2024 haul of $1.3 billion.
“If current trends continue,…