Ransomware Groups Made Less Money in 2024

Chainalysis' 2025 crypto crime findings show a ~35% drop in ransomware payments in 2024 to $813.55M, driven by law enforcement disruptions (notably against LockBit) and improved victim defenses and incident response; while attack attempts rose later in the year, fewer victims paid, and the ecosystem saw more lone actors and smaller-scale groups rather than dominant gangs absorbing market share.