Value stolen from services cracked $2.17 billion in the first half of 2025 and is trending toward the worst year on record. But service compromises tell only part of the story. Our mid-year crime update, coming soon, details the growing trend of personal wallet compromises, which make up a larger and larger share of all value stolen each year.

The Hellenic Anti-Money Laundering Authority has achieved a historic milestone by completing Greece’s first-ever cryptocurrency seizure, successfully tracing and freezing assets connected to the $1.5 billion Bybit exchange hack from February 2025.

Our analysis reveals several key insights about this landmark investigation:

• The successful asset recovery was enabled by the Authority's strategic investment in Chainalysis Reactor in 2023, implemented through local partner Performance Technologies, highlighting the importance of proactive technological preparation.
• Using Chainalysis Reactor, investigators established a connection between suspicious transactions and the primary wallets involved in the Bybit hack, leading to an immediate freezing order.
• The case exemplifies a successful public-private partnership model, combining government authority, local technical expertise, and global blockchain analysis capabilities to achieve concrete results in crypto crime enforcement.

Learn how strategic investment in blockchain analysis tools and expert training is helping authorities worldwide transform cryptocurrency's inherent transparency into effective enforcement actions.

Crime

UK Crypto Scammers Get Prison Time for $2M Cold-Calling Scheme

Secret Service Makes Massive $400M Cold Wallet Seizure

U.S. Treasury Sanctions North Korean IT Worker Over Crypto Fraud

REGULATION

Pakistan Establishes New Cryptocurrency Regulatory Authority

South Korea Plans to Ease Restrictions on Crypto Venture Capital Investment

ADOPTION

Emirates Airlines Teams Up with Crypto.com to Accept Digital Payments

Monad Foundation Acquires Portal to Expand Stablecoin Infrastructure

BTC Markets, a crypto exchange based in Australia, sought to fortify its compliance initiatives to stay ahead of emerging risks. By integrating Chainalysis, BTC markets established a powerful blockchain analytics solution, enabling precise, real-time, and historical transaction monitoring. “[The] Chainalysis platform in particular just gave us enormous optionality. [The] ability to look forwards and look back, in particular, the number of ways we could actually interrogate the blockchains on-chain is significantly higher than your competitors.” Said Roger McIntyre, Head of Customer & Operations at BTC Markets.

Learn more about how Chainalysis supercharges compliance for exchanges.

Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.