ZachXBT: Crypto industry’s ‘crime supercycle’ is intensifying
2025-06-18 12:12:51 /

ZachXBT, a cryptocurrency security researcher, issued a warning today that the "crime super cycle" in the cryptocurrency industry is intensifying. The researcher pointed out that there has been a significant increase in industry abuses since politicians introduced meme coins and several legal cases were dismissed. Money laundering groups have successfully processed proceeds from hacker attacks on platforms such as Bybit, DMM Bitcoin, and WazirX, with the black market size on Tron estimated to be as high as 50-100 billion US dollars, and most of the funds come from unknown sources. What is even more worrying is that many protocol teams turn a blind eye to activities involving more than 50% of stolen funds, only charging fees; at the same time, influential individuals and KOLs engage in deception without consequences. ZachXBT warned that although the current environment may bring short-term benefits, the long-term impact is concerning.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.

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