Russian Darknet Markets Dominate BTC and TRX Illicit Drug Sales Amid Global Crackdowns

01.04.2025 17:13
TRM Labs’ 2025 Crypto Crime Report reveals that Russian-language darknet marketplaces have maintained their dominance in illicit drug sales, with over 97% of overall revenue in transactions using Bitcoin (BTC) and TRON (TRX). Despite challenges on the darknet, including exit scams and law enforcement actions that have battered Western platforms, Russian platforms have thrived by avoiding exit scams and allowing voluntary shutdowns so that users can withdraw funds. The report notes a slight revenue bump in 2024, with darknet marketplaces pulling in more than $1.7 billion. Analysts credit factors such as the relative safety from law enforcement in Russia, the use of dead drop-based delivery models, and access to cheap precursor chemicals from China as key to the continued success of these platforms. Meanwhile, Western darknet marketplaces have suffered significant setbacks, notably after the Incognito Market exit scam in March, which further dented user trust. The report underscores the role these illicit platforms play in reinforcing transactional demand for BTC and TRX, while also highlighting the risks associated with their use in illegal activities.