Connect with us

Hi, what are you looking for?

Drugs

Darknet Drug Dealers Thrived in 2020, Earning Record $1.7 Billion Worth of Crypto

The darknet is going mainstream?

Pixabay / Steve Buissinne

When the darknet entered public consciousness in the early 2010s, it was widely treated as the seedy underbelly of the internet, reserved for thieves, hackers, and predators of all kinds.

Now, more people are buying their drugs on the dark web than any other time in recorded history.

Online trade in illicit drugs has boomed during the last decade, with the percentage of people who reported buying their drugs from darknet vendors tripling since 2014, according to the latest Global Drug Survey.

Global Drug Survey first started measuring this trend in 2014, when 4.7 percent of respondents procured their drugs from darknet marketplaces. Over the past 7 years, there have been incremental increases – between 0.3 percent and 1.7 percent – but never as significant as the surge in 2020.

2020 saw darknet users jump from 10.7 percent to 15 percent, a threefold increase since 2014.

Speaking to VICE, Dr Monica Barratt (co-lead researcher of the GDS) attributed this continued growth in the consumer base using these sites to cultural and generational differences.

“If you buy everything online, why wouldn’t you also buy your drugs online?”

Accessed using Tor, these markets allow sellers and purchasers to remain relatively anonymous and untraceable, with transactions completed using Bitcoin or other cryptocurrencies.

(Image credit: Pixabay / WorldSpectrum)

Darknet markets also face lower rate of scams and higher drug purity than the street drug trade, as well as greater protection from physical risk of interpersonal violence.

Over the course of 2020, darknet markets raked in a record $1.7 billion worth of cryptocurrencies – with Russian language market Hydra responsible for 75% of that figure!

Take part in the Global Drug Survey 2021 here

Read more: How Darknet Dealers Are Taking Advantage of the Covid-19 Pandemic

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Support Real Ones. Fund the Future.

If you read this far, you get it: young voices matter. At TRILL, every story is written by emerging writers telling the truth in a media landscape that too often silences them.

We run ads, yeah. But they don’t run us. We’re independent, mission-driven, and powered by people who believe young storytellers deserve more than just “exposure.”

Your donation goes straight to mentorship, editorial support, and launching the next wave of Gen Z writers into media careers that matter.

If that matters to you, chip in. Even $5 helps keep TRILL free, fearless, and independent.

Donate Now →
Advertisement
Advertisement

You May Also Like

Advice

We like to think we're in control of our choices — but our habits often call the shots before we even realize it. Inspired...

Uncategorized

In an era of short form media and low attention span, learn how to rebuild your stamina and improve your brain function.

Trends

From Screaming in Stores to Throwing Popcorn at Moviegoers, Public Pranking is Evolving

Love & Relationships

In our early 20s, friendship takes real effort. Showing up—especially when it's inconvenient—isn’t optional. It’s how we build meaningful, lasting, reciprocal connections.