CipherTrace and Crypto Compliance: How Blockchain Analytics…
By Damilola Esebame
AI summary of the source article
Mastercard discontinued several CipherTrace compliance products in March 2024, including Armada, Inspector, and Sentry, following its 2021 acquisition. Meanwhile, illicit cryptocurrency addresses received at least $154 billion in 2025, with stablecoins accounting for 84% of illicit volume, according to Chainalysis.
Key facts
- Mastercard acquired CipherTrace in October 2021 and later discontinued key products Armada, Inspector, and Sentry in March 2024.
- Illicit cryptocurrency addresses received at least $154 billion in 2025, a 162% year-over-year increase, while accounting for under 1% of total transaction volume.
- Stablecoins accounted for 84% of all illicit crypto transaction volume in 2025, and sanctioned entities received approximately $104 billion.
Source excerpt · FinanceFeeds
KEY TAKEAWAYS CipherTrace, founded in 2015 and acquired by Mastercard in October 2021, developed cryptocurrency anti-money laundering and blockchain analytics solutions. SecurityWeek reported that its platform covered more than 900 cryptocurrencies. Chainalysis reported in its 2026 Crypto Crime Report that illicit cryptocurrency addresses received at least $154 billion in 2025, a 162% year-over-ye…