As of 2025, it noted that substantial numbers of victims of stolen funds have appeared in the US, Germany, Russia, Canada, Japan, Indonesia, and South Korea.
“Regionally, the most rapid growth in victim totals from H1 2024 to H1 2025 occurred in Eastern Europe, MENA, and CSAO (Central and Southern Asia and Oceania),” it stated.
The report showed that threat actors who have compromised services generally demonstrate greater sophistication than those who target personal wallets.
According to Chainalysis, at USD 1.5 billion, the ByBit hack is not only the largest crypto theft ever but also constitutes about 69% of all funds stolen from services this year.
It added, “This attack’s complexity and magnitude highlight the advancing abilities of state-backed threat actors in the cryptocurrency domain, occurring after a significant deceleration in late 2024.”