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Analysis: darknet markets made $1.5B in revenue in 2022, down from $3.1B in 2021, led by Hydra Market, despite being shut down by German police in April 2022 (Chainalysis)

Photo of Grace Will Grace Will February 10, 2023
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Analysis: darknet markets made $1.5B in revenue in 2022, down from $3.1B in 2021, led by Hydra Market, despite being shut down by German police in April 2022 (Chainalysis)
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Chainalysis:

Analysis: darknet markets made $1.5B in revenue in 2022, down from $3.1B in 2021, led by Hydra Market, despite being shut down by German police in April 2022  —  2022 saw a decline in revenue from the previous year for darknet markets and fraud shops.  Total darknet market revenue for 2022 ended …



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