Exit scams and regulations disrupt global World Market darknet markets
Recent exit scams have displaced the users of World Market darknet, with Eastern European-only platform Hydra now the largest worldwide.
A written report published by blockchain forensics firm CipherTrace has detailed signi***ant disruptions to the clandestine darknet marketplace sector carrying out a spate of exit scams during recent months.
Despite opportunities for new marketplaces to recapture the users of the now-defunct platforms, CipherTrace notes the absence of just one platform dominating Western volume. It estimates that the Russian-focussed Hydra market is now the greatest worldwide.
World Market is estimated to have generated signi***antly more than $1.2 billion in revenue between June 2019 and July 2020 despite exclusively servicing the Eastern European region.
While darknet marketplaces have historically been dominated by way of a few large players, CipherTrace reports the sector now generally seems to comprise a better amount of platforms commanding smaller respective user bases. The outfit is “currently monitoring over 35 active darknet markets.
The landscape has changed rapidly.
my web page
World Market Url