Crypto is not a safe haven for illicit finance. 📊 ~11% of illicit crypto volume was seized in 2025 – 55x the recovery rate for fiat. That figure comes from publicly reported actions by Tether, Interpol, the T3 Financial Crime Unit, and others — not a single agency estimate. 📌 For context: The UNODC estimates less than 1% of illicit fiat flows are seized globally each year. Even stripping out the Prince Group case alone (~US$15B in BTC), the remaining 2025 crypto seizures still run at roughly 10x that fiat baseline. 🔍 SlowMist and PeckShield tracked 8.3%–13.2% of stolen funds recovered or frozen in 2025 — reflecting fast incident response and tight coordination between exchanges, issuers, and law enforcement. The bottom line: Crypto crime isn't solved. But the idea that crypto is uniquely hospitable to illicit activity is increasingly a myth. Blockchain is transparent by design. Regulators and investigators are finally using that to full effect.