{"id":20958,"date":"2025-02-06T15:49:25","date_gmt":"2025-02-06T13:49:25","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-ransomware-revenues-plummet-from-1-25-billion-to-813-million\/"},"modified":"2025-02-06T15:49:25","modified_gmt":"2025-02-06T13:49:25","slug":"bitcoin-ransomware-revenues-plummet-from-1-25-billion-to-813-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-ransomware-revenues-plummet-from-1-25-billion-to-813-million\/","title":{"rendered":"Bitcoin Ransomware Revenues Plummet from $1.25 Billion to $813 Million"},"content":{"rendered":"<p>In 2024, ransomware operators generated $813 million in revenue, marking a 35% decline from the previous year&#8217;s $1.25 billion, according to a report by <a href=\"https:\/\/www.chainalysis.com\/blog\/crypto-crime-ransomware-victim-extortion-2025\/\">Chainalysis<\/a>.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdw9Nu-VMoF9vKILfX588BLpo6hcFVb8Br_JwJWi9P4iyepSkft9n81AVcqXobY-tYyrDsryX7kMTaFdnA9COrbM-cidapI33V_MpqhKuq5Cui7aV1r1O4j4FMqpuGzJ0B8vakqOw?key=AhzgdG-PHOBdkGTiT_g0x968\" alt=\"\u0414\u043e\u0445\u043e\u0434\u044b \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0432\u044b\u043c\u043e\u0433\u0430\u0442\u0435\u043b\u0435\u0439 \u0441\u043e\u043a\u0440\u0430\u0442\u0438\u043b\u0438\u0441\u044c \u0441 $1,25 \u043c\u043b\u0440\u0434 \u0434\u043e $813 \u043c\u043b\u043d\"\/><figcaption class=\"wp-element-caption\">Source: Chainalysis.<\/figcaption><\/figure>\n<p>The amount of stolen funds in the first half of the year rose by 2.4% compared to 2023, including $75 million paid to the Dark Angels group. However, a sharp decline in extortion payments in the second half led to an overall decrease.<\/p>\n<p>Chainalysis analysts believe hackers are finding it more challenging to launder illicit gains due to sanctions against the Russian exchange Cryptex and the <a href=\"https:\/\/www.chainalysis.com\/blog\/german-authorities-seize-russia-centric-exchanges\/\">seizure<\/a> by German authorities of servers from 47 Russian-speaking crypto exchanges without <span data-descr=\"Know Your Customer\" class=\"old_tooltip\">KYC<\/span>.<\/p>\n<p>Another positive trend noted by experts is the growing gap between the amounts demanded by criminals and the sums actually sent to them.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Victims who paid ransoms typically sent between $150,000 and $250,000, regardless of the initial demands,&#8221; the report states.<\/p>\n<\/blockquote>\n<p>Earlier, Chainalysis analysts reported that in 2024, the total volume of illicit cryptocurrency transactions <a href=\"https:\/\/forklog.com\/en\/news\/illicit-crypto-activity-totaled-40-9-billion-in-2024\">amounted to $40.9 billion<\/a>, with 63% conducted in stablecoins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2024, ransomware operators generated $813 million in revenue, marking a 35% decline from the previous year&#8217;s $1.25 billion, according to a report by Chainalysis.\u00a0 Source: Chainalysis. The amount of stolen funds in the first half of the year rose by 2.4% compared to 2023, including $75 million paid to the Dark Angels group. However, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,44,1252],"class_list":["post-20958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-cybercrime","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20958"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20957"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}