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The darknet – a wild west for fake coronavirus ‘cures ‘? The truth is more difficult (and regulated)

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

These dealings have once again focused public attention on this little-understood section of the internet. Nearly 10 years because it started being used on a significant scale, the dark web continues to be a lucrative safe haven for traders in a variety 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 are anonymised trading platforms that directly connect buyers and sellers of a selection of illegal goods and services – similar to legitimate trading websites such as for example eBay.

So how do darknet marketplaces work? And simply 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 globe have largely didn’t contain their growth. A steadily increasing proportion of illicit drug users around the globe report sourcing their drugs online. In Australia, we’ve one of the world market – http://www.lounge.ipt.pw/user/clemmie229/’s highest concentrations of darknet drug vendors per capita.

Unlike popular belief, cryptomarkets aren’t 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, every one is established and maintained by a main administrator who, along with employees or associates, is responsible for the market’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators are also ultimately in charge of determining what can and can’t be sold on their cryptomarket. These decisions are most likely informed by:

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

Experts delve into the dark web

A report from the Australian National University published last week discusses several hundred coronavirus-related products available across twelve cryptomarkets, including supposed vaccines and antidotes.

While the research confirms some unscrupulous dark web traders are indeed exploiting the pandemic and seeking to defraud naïve customers, these records ought to be contextualised with a couple of important caveats.

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

Also, while the research dedicated to products listed on the market, these are most likely listings for products that either do no exist or are listed with the specific intention to defraud a customer.

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

 

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