Usage by Criminals and Terrorists

Note: Data in this section last updated March 13th, 2022

The anonymity of DeFi has a dark side as well. Not having to go through KYC and AML means that DeFi will likely provide the ideal venue for nefarious actors looking to raise and move funds. Although current reports show that fewer than 3% of Bitcoin transactions are used for illegal activities this will still continue to represent a threat in the future.