A global multi-billion-dollar counterfeit crisis has reached a “critical velocity,” according to a data-driven analysis of the 2025 resale market. Entrupy has dropped its annual “ State of the Fake ” report, revealing that the New York-based company processed $3.7 billion worth of products in 2025 alone—appraising the marketplace’s “trust gap” by identifying a total market value of $3.34 billion across luxury, footwear and apparel. An additional $294 million was in supply chain protection. Entrupy reported that 91.9 percent of luxury items scanned were deemed authentic; meaning 8.1 percent were flagged as unidentified. “Scale changes everything. Even with a moderate fake rate compared to brands like Goyard (around 18.9 percent),” the report reads.…