News
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Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY as Fraud Industry Leverages AI and Increases in Sophistication
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In 2024, cryptocurrency scams received at least $9.9 billion on-chain, an estimate that will increase as we identify more illicit addresses associated with fraud and scams in the coming…
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Facilitating Ransomware Attacks
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On February 11, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), the United Kingdom’s Foreign Commonwealth and Development Office (FCDO), and Australia’s Department…
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35% Year-over-Year Decrease in Ransomware Payments, Less than Half of Recorded Incidents Resulted in Victim Payments
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The ransomware landscape experienced significant changes in 2024, with cryptocurrency continuing to play a central role in extortion. However, the total volume of ransom payments decreased year-over-year (YoY) by approximately 35%,…
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