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Understanding the $75 Billion in Illicit Digital Assets: Context and Perspective A recent report by blockchain analytics firm Chainalysis has identified approximately $75 billion in digital assets linked to illicit activity that could potentially be seized by law enforcement. For those following developments in digital currency regulation and crime, this figure raises important questions about the scale and nature of illegal activity in the cryptocurrency space. What the Number Represents The $75 billion estimate includes $15 billion held directly by illicit entities and over $60 billion in wallets with indirect exposure to criminal activity. Notably, darknet market operators and vendors control over $40 billion of these digital assets, representing the largest single category within the total. Bitcoin accounts for approximately 75% of the total illicit value, though stablecoins are playing an increasingly significant role in such activities. The fact that these funds exi...