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In 2024, sanctioned jurisdictions and entities received $15.8B in crypto, or ~39% of all illicit crypto transactions; Tornado Cash inflows jumped 108% from 2023 (Chainalysis)
Chainalysis: In 2024, sanctioned jurisdictions and entities received $15.8B in crypto, or ~39% of all illicit crypto transactions; Tornado Cash inflows jumped 108% from 2023 — In 2024, sanctions shifted in both scope and strategy, reflecting a broader evolution in illicit on-chain activity in response to increasing geopolitical tension.
Chainalysis:
In 2024, sanctioned jurisdictions and entities received $15.8B in crypto, or ~39% of all illicit crypto transactions; Tornado Cash inflows jumped 108% from 2023 — In 2024, sanctions shifted in both scope and strategy, reflecting a broader evolution in illicit on-chain activity in response to increasing geopolitical tension.
