The cryptocurrency industry is reportedly facing a significant crime wave, with on-chain money laundering activities escalating. According to on-chain analyst ZachXBT, the black market on the Tron blockchain is estimated to be between $5 billion and $10 billion. Recent hacking incidents involving platforms like Bybit, DMM Bitcoin, and WazirX have seen hacker groups, including the notorious Lazarus Group, successfully laundering stolen funds through over-the-counter dealers. ZachXBT criticized the inaction of many protocol teams, noting that over 50% of funds on some platforms originate from stolen assets, yet these teams continue to charge fees without implementing preventive measures. He also highlighted the ease with which fraudulent projects and KOL scams operate, exacerbated by legal delays that allow smart contract hackers to evade consequences, further destabilizing the industry's moral framework.