2023 Crypto Crime Report: How 2022’s Biggest Cryptocurrency Sanctions
Cryptocurrency’s inherent transparency, along with the willingness of compliant cryptocurrency services — in particular, the many centralized exchanges that function as the link between crypto and fiat — have demonstrated that sanctions enforcement is possible in the crypto world.
2022 saw a shift from just personal cryptocurrency wallet addresses included in sanctions designations, to entire crypto services, along with their associated wallets. This led to roughly a 350% increase in the number of sanctioned addresses over previous years, while the upward trend in the number of sanctioned crypto-entities remains steadily increasing.
Sanctions efforts have increased across multiple dimensions, targeting larger entities and services, more diverse types of services, and doing so for a wider array of reasons.
Chainalysis Head of Sanctions, Andrew Fierman, dives into different variables impacting the effect of sanctions in 2022.
Download the 2023 Crypto Crime Report: https://go.chainalysis.com/2023-crypt...
—
Additional Resources:
2022 Biggest Year Ever For Crypto Hacking with $3.8 Billion Stolen, Primarily from DeFi Protocols and by North Korea-linked Attackers: https://blog.chainalysis.com/reports/...
Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022: https://blog.chainalysis.com/reports/...
Ransomware Revenue Down As More Victims Refuse to Pay: https://blog.chainalysis.com/reports/...
2023 Crypto Crime Trends: Illicit Cryptocurrency Volumes Reach All-Time Highs Amid Surge in Sanctions Designations and Hacking: https://blog.chainalysis.com/reports/...
—
Connect with Chainalysis
Website: https://www.chainalysis.com/
Contact Us: https://www.chainalysis.com/contact-us/
Blog & Insights: https://blog.chainalysis.com
The 2023 Crypto Crime Report: https://go.chainalysis.com/2023-crypt...
Chainalysis Podcast: https://blog.chainalysis.com/reports/...
The 2022 Global Crypto Adoption Index: https://blog.chainalysis.com/reports/...
Search Jobs: https://www.chainalysis.com/careers