Exit scams and regulations disrupt global darknet markets

Cointelegraph

Published Oct 26, 2020 09:25PM ET

Updated Oct 26, 2020 11:00PM ET

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.

Continue Reading on Coin Telegraph