Research

Research & History

Long-form context for understanding why today’s markets look the way they do.

Silk Road to modern enforcement — a condensed timeline of shocks that reshaped darknet markets.

How the first major darknet market shaped everything that followed.

Six years of continuity, then a contested ending in 2019.

Rapid rise after Dream and a destructive 2020 exit scam.

Monero-forward rules and a rare voluntary retirement story.

The sprawling 2017 takedown that redefined enforcement ambition.

A dominant Russian-language ecosystem and its 2022 disruption.