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Crypto Chaos: Inside the ‘Crime Season’ Driving Market Sell-Off

Crypto
Last updated: March 22, 2025 3:18 am
Crypto
Published March 22, 2025
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Crypto Chaos: Inside the ‘Crime Season’ Driving Market Sell-Off

crypto Faces “Crime Season” as Hacks Surge, Impacting Investor Confidence

The crypto world is experiencing a surge in criminal activity, according to Mintology CEO Zach Burks. He refers to this period as “crime season,” which has significantly eroded investor trust.

In 2025 alone, over $2.2 billion in crypto assets have been stolen. A notable incident includes a $1.5 billion heist by North Korea’s Lazarus Group. burks warns that this uptick in crime is not only harming the market but also posing a national security threat.

As a result, the meme coin market has plummeted by 56% since December. BitcoinS value has also dropped from $106,000 to $83,000. burks predicts it could fall further to $72,000 in the coming weeks. He advises investors, particularly those in meme coins, to prepare for more volatility.

Regulation alone won’t solve the problem,Burks argues. Traditional bodies like the SEC and FCA are not equipped to handle crypto crime effectively.They are slow in recovering stolen funds and frequently enough create more red tape.

Instead, Burks suggests a decentralized, community-driven approach. He believes in building a network of crypto experts, like Zach XBT, to combat illicit transactions.This strategy aims to restore trust and prevent permanent capital loss.

Burks emphasizes that the issue extends beyond protecting individual investors; it’s a matter of national security. He calls for crypto pragmatists to advocate for a fair playing field,rather than relying on slow-moving bureaucracies.

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