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The Secret of World Market Onion That No One is Talking About

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  • City: Tuskegee
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The darknet – a wild west for fake coronavirus ‘cures ‘? The stark reality is harder (and regulated)

The coronavirus pandemic has spawned reports of unregulated health products and fake cures being sold on the dark web. These generally include black market PPE, illicit medications like the widely touted “miracle” drug chloroquine, and fake COVID-19 “cures” including blood supposedly from recovered coronavirus patients.

These dealings have yet again focused public attention with this little-understood section of the internet. Nearly ten years as it started being used on a substantial scale, the dark web remains a lucrative safe haven for traders in a selection of illegal goods and services, especially illicit drugs.

Black market trading on the dark web is carried out primarily through darknet marketplaces or cryptomarkets. They’re anonymised trading platforms that directly connect buyers and sellers of a range of illegal goods and services – similar to legitimate trading websites such as for example eBay.

So how do darknet marketplaces work? And just how much illegal trading of COVID-19-related products is happening via these online spaces?

Not just a free-for-all

There are now greater than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities around the world have largely didn’t contain their growth. A steadily increasing proportion of illicit drug users all over the world market – http://www.outsourcing.sbm.pw/user/wesleybris/ report sourcing their drugs online. In Australia, we’ve one of the world’s highest concentrations of darknet drug vendors per capita.

Unlike popular belief, cryptomarkets are not the “lawless spaces” they’re often presented as in the news. Market prohibitions exist on all mainstream cryptomarkets. Universally prohibited goods and services include: hitman services, trafficked human organs and snuff movies.

Although cryptomarkets lie outside the realm of state regulation, each one of these is set up and maintained by a main administrator who, along side employees or associates, is in charge of the market’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators will also be ultimately responsible for determining exactly what do and can’t be sold on their cryptomarket. These decisions tend informed by:

the attitudes of the surrounding community comprising buyers and sellers
the extent of consumer demand and supply for certain products
the revenues a niche site makes from commissions charged on transactions
and the perceived “heat” that may be attracted from police in the trading of particularly dangerous illegal goods and services.

Experts delve into the dark web

A written report from the Australian National University published the other day talks about several hundred coronavirus-related products available across twelve cryptomarkets, including supposed vaccines and antidotes.

While the analysis confirms some unscrupulous dark web traders are indeed exploiting the pandemic and seeking to defraud naïve customers, these records must be contextualised with several important caveats.

Firstly, how many dodgy covid-related products for sale on the dark web is relatively small. According to the research, they account fully for about 0.2% of listed items. The overwhelming most of products were those we’re already knowledgeable about – particularly illicit drugs such as cannabis and MDMA.

Also, while the analysis dedicated to products listed for sale, these are usually listings for products that either do no exist or are listed with the specific intention to defraud a customer.

Thus, the specific sale of fake coronavirus “cures” on the dark web is probable minimal, at best.

 

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