We can see this pattern on the chart below, which shows the level of market share controlled by the dominant market of each epoch. The recovery pattern is fairly consistent until the Hydra Marketplace closure, after which no dominant darknet market emerged. Darknet markets were one of two categories of crypto crime that saw revenues rise in 2023. In total, darknet markets and fraud shops received $1.7 billion last year, a rebound from 2022 — the year that saw the sizable Hydra Marketplace close. The ensuing war for darknet market dominance that began in 2022 continued into 2023, but no…