A Russian-language dark web marketplace called Hydra that is known to facilitate the illegal sale of narcotics has seen cryptocurrency transactions soar over the last five years. According to a report by Flashpoint and Chainalysis, Hydra’s crypto business began accelerating in 2017 after its chief competitor was shut down by Russian law enforcement authorities.
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Illegal Drug Trade Fuels $1.37B in Crypto Transactions at Russian Dark Site
Posted by: John P. Mello Jr. May 26, 2021 04:00 AMA Russian-language dark web marketplace called Hydra that is known to facilitate the illegal sale of narcotics has seen cryptocurrency transactions soar over the last five years. According to a report by Flashpoint and Chainalysis, Hydra’s crypto business began accelerating in 2017 after its chief competitor was shut down by Russian law enforcement authorities.