March 8, 2021

Russia and Ukraine lead in the number of transactions on the dark web

Russia and Ukraine lead in the number of transactions on the dark web

Eastern European countries are leading the way in money laundering in the dark web, according to Chainalysis.

In the new report the company noted that last yearDarknet users have completed $ 1.7 billion in cryptocurrency transactions. The most popular darknet platform remains Hydra - the Russian marketplace. He is the “big driver” of crypto crime in Eastern Europe.

In 2020, Hydra accounted for over 75% of the global darknet market. For several years now, the platform has been planning to raise about $ 146 million through ICOs to expand its activities.

Chainalysis has completed its report with the ten countries with the highest volume of crypto transactions passing through the darknet markets, with Russia, the United States and Ukraine topping the list.

In Russia, the annual turnover of cryptocurrencies in the darkwebamounted to nearly $ 300 million. The second place was taken by the Americans, who made transactions for $ 180 million. In third place are Ukrainians - the annual turnover on illegal sites amounted to almost $ 100 million.

Subscribe to ForkNews on Telegram to stay up to date with the latest news from the world of cryptocurrencies