According to a new report, the illicit crypto transactions for the past year have reached a record high at 14 billion USD in crypto coins that been received by off-the-grid crypto wallets in 2021, almost doubling from 7.8 billion USD in 2020. That said, they are a drop in the bucket in the total transactional value of all cryptos, which is a whopping 15.8 trillion USD. That is an eye-watering 567% spike in comparison with 2020. The initial number may look bad, I think, but when compared to the total transactional value of the legit transactions, the news doesn't seem so bad anymore.