Crypto Flows Tied to Suspected Human Trafficking Reached ‘Hundreds of Millions’ in 2025: Chainalysis

Cryptocurrency payments tied to suspected human trafficking services rose 85% in 2025, reaching hundreds of millions of dollars, according to a new report from Chainalysis.

Much of the activity is linked to groups operating in Southeast Asia, the report said, adding that nearly half of transactions from Telegram-based “international escort” services were for over $10,000.

Researchers also found that most payments in these networks were made using stablecoins, while other categories, such as CSAM vendors, used more Bitcoin or privacy coins (specifically Monero) for laundering. “Instant exchangers, which provide rapid and anonymous cryptocurrency swapping without KYC requirements, play a crucial role in this process,” the report reads.

The findings underscore how trafficking networks (and illicit actors in general) are increasingly relying on cryptocurrency to move funds faster and operate around the world.

Chainalysis looked at several types of activity, including escort services, recruitment agents tied to forced labor, prostitution, and vendors selling child pornography. The firm also found payments spanning the Americas, Europe, and Australia.

Still, despite the rise in activity, the firm said cryptocurrency use could also help investigators because of its transparency, making it easier for authorities to trace funds and identify both suspicious and known patterns in pricing. “Standardized pricing models create identifiable transaction patterns that investigators and compliance teams can use to detect suspicious activity at scale,” the report reads.

Looking ahead, Chainalysis said trafficking networks will likely keep evolving their tactics, but better pattern-recognition tools and efficient cooperation between crypto companies and authorities could help detect and disrupt these operations.

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