LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70% By Cointelegraph

LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70% By


LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70%

LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020.

The P2P platform has seen a decline of over 70% in transactions from darknet markets between September 2019 and May 2020, LocalBitcoins claims.

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