Chainalysis

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Subject (77)From Fentanyl to Fraud: On-Chain Activity Highlights Illicit Market Evolution
Preheader (101)Darknet market activity remains resilient, with aggregate flows reaching nearly $2.6 billion in 2025.
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From Fentanyl to Fraud: On-Chain Activity Highlights Illicit Market Evolution

Darknet market activity remains resilient, with aggregate flows reaching nearly $2.6 billion in 2025.
From Fentanyl to Fraud: On-Chain Activity Highlights Illicit Market Evolution