# The Dark Side of Crypto

Page: https://stenobird.com/podcast/the-allincrypto-podcast-6054281/the-dark-side-of-crypto
Text version: https://stenobird.com/podcast/the-allincrypto-podcast-6054281/the-dark-side-of-crypto.md
Podcast: [The AllinCrypto Podcast](https://stenobird.com/podcast/the-allincrypto-podcast-6054281)
Published: 2026-03-17T18:30:00+00:00
Episode link: https://rss.com/podcasts/theallincryptopodcast/2631996
Audio file: https://content.rss.com/episodes/191259/2631996/theallincryptopodcast/2026_03_16_12_21_22_6b2b054b-abb7-40be-995e-188c25780db2.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-allincrypto-podcast-6054281/episodes/the-dark-side-of-crypto
Duration seconds: 3362

## Resource

In this episode we sit down with Ari Redbord, Global Head of Policy at TRM Labs, to unpack one of the most important and misunderstood topics in digital assets: crypto crime, sanctions evasion, privacy, AI-powered fraud, and the future of blockchain intelligence. Ari brings a unique perspective to the conversation. Before joining TRM Labs, he spent over a decade as a U.S. federal prosecutor working on terrorism finance, national security, sanctions, and financial crime cases, before moving to the U.S. Treasury and later into crypto. We discuss why illicit crypto activity reached record highs in 2025, why that headline does not tell the full story, how Russia, Iran, North Korea and organized criminal networks are using crypto infrastructure, and why Ari believes blockchains are also one of the most powerful tools ever created for investigators. We also dive into the rise of AI-enabled scams, ransomware, wrench attacks, privacy tokens, mixers, institutional adoption, and why crypto may become one of the biggest battlegrounds in the fight between technological freedom and financial surveillance. If you want a serious conversation about where crypto is heading, what threats are real, and how the industry matures from here, this is one to watch. Topics covered: Why Ari says there is no such thing as “crypto crime” Why illicit activity hit a record in 2025 Russian-linked sanctions evasion and stablecoin usage Why bad actors still use public blockchains Privacy tokens, mixers, and the balance between privacy and compliance Al-Qaeda, ISIS, Hamas, Bitfinex, and major crypto crime investigations The rise of wrench attacks and physical threats against holders Why scam and recovery fraud are devastating victims How AI is accelerating cybercrime at scale Why blockchains may help so…

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## Transcript

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