Crypto crime surge triggers market instability
Bitcoin has dropped from $106,000 to $83,000 amid rising crypto crime, with analysts predicting further declines in the coming weeks.
Crypto markets are facing heightened volatility as illicit activity surges, with hackers stealing over $2.2 billion in 2025 alone. Mintology CEO Zach Burks has described the current period as ‘crime season,’ warning that the increase in thefts is eroding investor confidence and posing a national security threat.
North Korea’s Lazarus Group is linked to a $1.5 billion heist, further shaking the market.
Burks highlighted the impact on meme coins, which have dropped by 56% since December, and Bitcoin, which has fallen from $106,000 to $83,000.
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