Crypto is kind of like email in the 90s.
👉 At first, it was this magical thing. Instantly send something across the world.
👉 Then people realized… oh. Spam exists. Phishing exists. Scams exist.
The tech didn’t change. Humans just started using it differently.
That’s basically what this one recent report is showing – except instead of spam, we’re talking about something way darker.
Blockchain analytics firm Chainalysis published new data showing that crypto flowing into networks linked to human trafficking increased about 85% in 2025 compared to the year before.
Let that sink in.
We’re talkin’ hundreds of millions of dollars’ worth of digital assets moving through wallets that investigators have linked to real-world criminal networks.
The report suggests these networks are increasingly comfortable using crypto because it’s:
👉 Fast;
👉 Borderless;
👉 Harder to block than traditional bank transfers;
👉 Available in regions where banking access is weak or oversight is inconsistent.
That combination makes it attractive if you’re trying to move money quietly and across jurisdictions.
But here’s the part people misunderstand.
Crypto transactions are public, which means:
👉 Every transfer sits on a blockchain ledger forever;
👉 You can’t delete it;
👉 You can’t “unsend” it;
👉 Investigators can trace patterns, cluster wallets, and follow money trails in ways that are actually impossible with physical cash.
So while criminals are using crypto more, law enforcement and analytics firms are also getting better at tracking them.
It’s not invisible money. It’s pseudonymous money – which is very different.
Now, this story isn’t “crypto is evil.” It’s “technology is neutral – incentives aren’t.”
The same properties that make crypto powerful for:
👉 Migrant workers sending money home instantly;
👉 Businesses operating globally;
👉 People in unstable economies protecting savings;
… also make it useful for people trying to avoid banks for the bad reasons.
That is uncomfortable, but it’s not new. The US dollar is used in global crime. So is gold. So is cash.
What’s different here is transparency:
👉 With cash, once it’s handed over, it’s gone.
👉 With crypto, there’s a permanent record.
That means abuse can happen, but it also means investigators can trace flows in ways that aren’t possible with physical cash.
So the ecosystem is in this strange middle phase:
👉 The gatekeepers are fewer.
👉 The data trails are stronger.
👉 The tools to analyze those trails are improving.
And everyone – regulators, exchanges, analytics firms – is learning in real time.
