Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Millions of drivers in line for £830 each from car finance scandal – The Telegraph
  • £7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham
  • FCA to release details of UK car finance scandal compensation scheme – The Guardian
  • Car finance redress scheme to be announced TODAY – are you one of up to 14 million due £700 each on average? – Money Saving Expert
  • Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses: Top 5 Stocks
  • Art Gallery puts on impressive display to strike for James Ferguson and Qatar Racing despite PJ McDonald dropping his rein
  • Millions of drivers to receive £830 compensation over car finance mis-selling scandal
  • Compensation details for millions of drivers in car finance scandal revealed | News UK Video News
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Cryptocurrency»Cryptocurrency Fuels Human Trafficking, Child Abuse, and Online Scams, Report Finds
Cryptocurrency

Cryptocurrency Fuels Human Trafficking, Child Abuse, and Online Scams, Report Finds

February 17, 20262 Mins Read


Cryptocurrency payments to suspected human trafficking and child abuse networks surged 85% in 2025, highlighting the growing role of digital assets in criminal activity, according to a new report by blockchain analytics firm Chainalysis.

The report found hundreds of millions of transactions on public blockchains linked to human trafficking networks, child sexual abuse operations, and online scams.

While much of the criminal activity originates in Southeast Asia, payments were sent from around the world, including North and South America, Europe, and Australia, NY Post reported.

“Most of the activity is concentrated in Southeast Asia, but the reach is global,” said Chainalysis intelligence analyst Tom McLouth.

“The true financial scale is large, at least hundreds of millions of dollars in crypto transactions, and the physical harm is orders of magnitude greater than any dollar figure.”

The report categorized the illicit crypto activity into three main areas: international escort and prostitution services, labor recruitment for scam compounds, and child sexual abuse material (CSAM) vendors.

Many traffickers and recruiters have shifted from hidden dark web forums to public messaging apps such as Telegram, where they advertise services, recruit victims, and coordinate crypto payments.

Crypto Drives $16B in Telegram Money Laundering

Chainalysis highlighted the use of stablecoins and Chinese-language money laundering networks on Telegram, which helped cybercriminals move funds quickly.

Last year, these channels reportedly funneled at least $16.1 billion in illicit funds. Some high-value crypto payments for international escort services exceeded $10,000, with VIP packages advertised for over $30,000.

According to CNBC, labor recruiters charged between $1,000 and $10,000 in cryptocurrency to bring victims to scam compounds in Southeast Asia.

Once there, victims were forced into romance scams, fake cryptocurrency investments, and other online frauds targeting people abroad.

The US Department of Justice recently seized about $15 billion in bitcoin from a major scam compound in Cambodia, illustrating the scale of these operations.

Child sexual abuse networks also increasingly relied on cryptocurrency, with half of transactions under $100, reflecting subscription-based models.

These groups targeted minors using sophisticated sextortion tactics, with resulting content monetized through crypto payments. Some funds were moved into privacy-focused assets such as Monero to avoid detection.

“Enforcement is improving, but these networks adapt quickly, using both physical and digital infrastructure,” McLouth said. “As crypto adoption grows, its use in trafficking-linked activity is likely to continue expanding.”

Originally published on vcpost.com



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses: Top 5 Stocks

March 30, 2026 Cryptocurrency

Canada Targets Cryptocurrency Political Donations with New Election Legislation

March 30, 2026 Cryptocurrency

Crypto Market Daily Updates | The cryptocurrency market experienced volatile upward movement, with Bitcoin rebounding to $67,000. Strategy has accumulated 45,000 BTC in the past 30 days, marking the fastest rate of increase in nearly a year. – news.futunn.com

March 30, 2026 Cryptocurrency

CID recovers Tk 44 crore in cryptocurrency linked to MTFE Ponzi Scam

March 30, 2026 Cryptocurrency

Best Prop Firms for Cryptocurrency Traders in 2026

March 27, 2026 Cryptocurrency

#CryptoCornerSeason 2 | #c Reports Suggest, – Iran's central bank accumulated #Dollars in USDT #Crypto used to conduct foreign exchange intervention – Most trade conducted in Tether's #Stablecoin on the #Tron network Manisha Gupta | Binance #CNBCT – LinkedIn

March 27, 2026 Cryptocurrency
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026 Finance 1 Min Read

Millions of drivers in line for £830 each from car finance scandal The TelegraphCar finance compensation:…

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026

FCA to release details of UK car finance scandal compensation scheme – The Guardian

March 30, 2026

Car finance redress scheme to be announced TODAY – are you one of up to 14 million due £700 each on average? – Money Saving Expert

March 30, 2026
Our Picks

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026

FCA to release details of UK car finance scandal compensation scheme – The Guardian

March 30, 2026

Car finance redress scheme to be announced TODAY – are you one of up to 14 million due £700 each on average? – Money Saving Expert

March 30, 2026
Our Picks

Crypto Market Daily Updates | The cryptocurrency market experienced volatile upward movement, with Bitcoin rebounding to $67,000. Strategy has accumulated 45,000 BTC in the past 30 days, marking the fastest rate of increase in nearly a year. – news.futunn.com

March 30, 2026

CID recovers Tk 44 crore in cryptocurrency linked to MTFE Ponzi Scam

March 30, 2026

Millions of motorists to find out how car finance redress scheme will be paid

March 30, 2026
Latest updates

Millions of drivers in line for £830 each from car finance scandal – The Telegraph

March 30, 2026

£7.5bn for car finance victims – but don’t pop the champagne just yet, writes Dean Dunham

March 30, 2026

FCA to release details of UK car finance scandal compensation scheme – The Guardian

March 30, 2026
Weekly Updates

Brazilian galleries Jaqueline Martins and Sé merge to form Martins&Montero

March 28, 2024

Investments in Franchises and International Provide RBI With Sales and Margin Growth Opportunities

August 21, 2025

Simple steps art museums can take to drive sustainability

June 28, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.