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Despite the infamous shutdown of the Silk Road in 2013, Darknet Activity has continued to climb in recent years. In 2018, $603m worth bitcoin were used to trade illicit goods and services - with activity late in the year matching peak levels from early 2017.
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In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. After a slump in late 2017 and early 2018 due to the closure of two major online marketplaces for illicit activity — AlphaBay and Hansa — volume has since almost completely recovered to early-2017’s all-time high levels, surpassing $600 million worth of bitcoin for the year.
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