A February 13 report reveals hundreds of millions in illicit flows, driven by stablecoin usage and Telegram-linked networks that leave traceable on-chain footprints.
Chainalysis reported an 85% year-over-year increase in cryptocurrency flows to suspected human trafficking services in 2025, with total volume reaching hundreds of millions of dollars. The analysis indicates that these illicit networks heavily rely on stablecoins and coordinate via Telegram, creating traceable on-chain trails despite the criminal nature of the activity.