Darknet Markets are Mixing Bitcoins At Blistering Pace: Report

Darknet marketplaces are embracing cryptocurrency obfuscation techniques such as bitcoin mixers at a blistering pace, according to new research by analytics firm Crystal Blockchain.

BitFury’s intelligence outfit said in its Darknet Activity Report, released Tuesday, that “darknet entities” sent $67 million with of bitcoin to transaction scrambling mixers in Q1 2020. That’s a staggering spike from the $3 million recorded in Q1 2019.

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