2025 Crypto Crime Mid-Year Update
Contents
Key findings
Stolen funds
- With over $2.17 billion stolen from cryptocurrency services so far in 2025, this year is more devastating than the entirety of 2024. The DPRK’s $1.5 billion hack of ByBit, the largest single hack in crypto history, accounts for the majority of service losses.
- By the end of June 2025, 17% more value had been stolen year-to-date (YTD) than in 2022, previously the worst year on record. If current trends continue, stolen funds from services could eclipse $4 billion by year’s end.
- Personal wallet compromises now represent a growing share of total ecosystem theft, with attackers increasingly targeting individual users, making up 23.35% of all stolen fund activity YTD in 2025.
- “Wrench attacks” — physical violence or coercion against crypto holders — show correlation with bitcoin price movements, suggesting opportunistic targeting during high-value periods.
Geographic trends
- So far in 2025, significant concentrations of stolen fund victims have emerged in …
Stolen funds
- With over $2.17 billion stolen from cryptocurrency services so far in 2025, this year is more devastating than the entirety of 2024. The DPRK’s $1.5 billion hack of ByBit, the largest single hack in crypto history, accounts for the majority of service losses.
- By the end of June 2025, 17% more value had been stolen year-to-date (YTD) than in 2022, previously the worst year on record. If current trends continue, stolen funds from services could eclipse $4 billion by year’s end.
- Personal wallet compromises now represent a growing share of total ecosystem theft, with attackers increasingly targeting individual users, making up 23.35% of all stolen fund activity YTD in 2025.
- “Wrench attacks” — physical violence or coercion against crypto holders — show correlation with bitcoin price movements, suggesting opportunistic targeting during high-value periods.
Geographic trends
- So far in 2025, significant concentrations of stolen fund victims have emerged in …