Published on August 17th, 2015 | by bitcoin0
New Report Says Dark Web Markets Processed Around $500K Daily in Bitcoin in 2014
The researches from Carnegie Mellon University revealed that dark web markets processed about $500,000 in digital currency in 2014.
The shutdown of the Silk Road in 2013 didn’t stop criminals from opening new sites for selling illegal items, such as drugs or weapons.
According to the study, the sales volumes of such markets as Agora, Silk Road 2, Pandora, Hydra and Evolution, ranged from $300,000 to $500,000 per day, with the peak achieving $650,000.
“About 70 percent of all sellers never managed to sell more than $1,000 worth of products,” the report reads.
Despite the fact that online markets constitute only a small part of the global drug trade, they will continue bringing millions of dollars of profits.