Despite tightening law enforcement actions, darknet marketplaces are multiplying as the appetite for illegal goods and services like drugs and firearms continues to grow.
Several reports from investigations by government authorities show cryptocurrencies being a popular payment method on these illicit online marketplaces.
According to crypto forensic firm CipherTrace, darknet marketplaces are on the rise. Research by CipherTrace shows 35 active platforms hosting numerous vendors servicing thousands of users.
Given the existence of dark market templates, new platforms are reportedly emerging at an accelerated rate. Intending darknet store operators now need only to purchase such a template that they customize to their taste before installing on secure servers.
Data from CipherTrace claims that it costs only $599 payable in Bitcoin (BTC) or Monero (XMR) to acquire these templates. Operators can also receive additional customer support for a fee of between $50 and $90.

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Osato Avan-Nomayo
Osato is a reporter at BeInCrypto and Bitcoin believer based in Lagos, Nigeria. When not immersed in the daily happenings in the crypto scene, he can be found watching historical documentaries or trying to beat his Scrabble high score.
Osato is a reporter at BeInCrypto and Bitcoin believer based in Lagos, Nigeria. When not immersed in the daily happenings in the crypto scene, he can be found watching historical documentaries or trying to beat his Scrabble high score.
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