Cryptocurrency’s rising popularity has made it central to today’s cybercrime ecosystem. As digital coins like Bitcoin gain mainstream acceptance, threat actors increasingly rely on them to conduct illegal activities on dark web markets. Cybercriminals exploit cryptocurrency for anonymity, using it to purchase illicit goods, launder stolen funds, and move money across borders without detection. The dark web enables them to misuse crypto through mixing services, fraudulent exchanges, and peer‑to‑peer transfers. Ultimately, criminals cash out by converting illicit crypto into fiat currency via unregulated platforms or mule accounts. This research outlines the full lifecycle of how crypto is abused, emphasizing the need for stronger monitoring and security awareness.

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