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CipherTrace：Exit Scams Disrupt Global Darknet Markets
Summary: A report published by blockchain forensics firm CipherTrace has detailed significant disruptions to the clandestine darknet marketplace sector following a spate of exit scams during recent months. Despite opportunities for new marketplaces to capture the users of the now-defunct platforms, CipherTrace notes the absence of a single platform dominating Western volume. It estimates that the Russian-focussed Hydra market is now the ...
A report published by blockchain forensics firm CipherTrace has detailed significant disruptions to the clandestine darknet marketplace sector following a spate of exit scams during recent months.
Despite opportunities for new marketplaces to capture the users of the now-defunct platforms, CipherTrace notes the absence of a single platform dominating Western volume. It estimates that the Russian-focussed Hydra market is now the largest worldwide.
Hydra is estimated to have generated more than $1.2 billion in revenue between June 2019 and July 2020 despite exclusively servicing the Eastern European region.
By Amy Liu
Tags: CipherTrace,Dark Web,Exit,Markets,Scams
Link: CipherTrace：Exit Scams Disrupt Global Darknet Markets [Copy]
