2023 was a year of recovery for cryptocurrency, as the industry rebounded from the scandals, blowups, and price declines of 2022. With crypto assets rebounding and market activity growing over the course of 2023, many believe that crypto winter is ending, and a new growth phase may soon be upon us. As always, we have to caveat by saying that these figures are lower bound estimates based on inflows to the illicit addresses we’ve identified today.