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- C4C | 02-11-25 AM: TRON's Illicit Activity Surge (Monetary Gold)
C4C | 02-11-25 AM: TRON's Illicit Activity Surge (Monetary Gold)
In 2024, the TRON blockchain emerged as a hotspot for illicit cryptocurrency activity, accounting for over $26 billion of the $45 billion in unlawful transactions that year. This surge is attributed to TRON's low transaction fees, access to popular stablecoins like USDT, and advanced smart contract capabilities, which have made it an attractive platform for bad actors.
Notably, nearly half of TRON's illicit volume was linked to sanctioned entities, with a significant portion involving funds associated with North Korean hackers.
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Poll Of The Day
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Fun Fact Of The Day
Despite the challenges, the overall proportion of illicit crypto activity decreased in 2024, representing just 0.4% of total transaction volume—a 51% drop from the previous year.