Why stall Is Trending Today?

Chainalysis, a blockchain analytics firm, reports that criminals and their networks hold approximately $75 billion in cryptocurrency assets. The company's co-founder and CEO, Prashant Kalia, has discussed the challenges of crypto compliance in an interview. According to Chainalysis, billions of dollars in hidden cryptocurrency could potentially boost nations' foreign exchange reserves. The firm's report reveals that $75 billion in illicit cryptocurrency is held by criminal entities, with Bitcoin being the dominant cryptocurrency in these wallets.

Chainalysis, a leading blockchain analytics firm, has identified over $75 billion in illicit cryptocurrency that is currently hidden in plain sight. This significant amount of seizable crypto assets has been flagged by Chainalysis as governments worldwide are increasingly eyeing strategic reserves. The majority of these illicit holdings are dominated by Bitcoin, according to Chainalysis' latest report.