• Illicit activities primarily occur on the Ethereum and TRON networks, according to Bitrace’s crypto crime report.
• High-risk addresses that transfer and store stablecoins collectively received $649 billion in 2024.
• Blockchain addresses associated with fraudulent activities saw a dramatic surge in stablecoin inflows, totaling $52.5 billion.
• High-risk addresses accounted for 5.14% of the total stablecoin transactions in 2024.

The cryptocurrency industry is growing across multiple facets, including tokenized real-world assets (RWA), futures and spot Exchange Traded Funds (ETFs), stablecoins, Artificial Intelligence (AI), and its convergence with blockchain technology, as well as the dynamic decentralized finance (DeFi)…