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The Secret Behind World Market Onion

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The darknet – a wild west for fake coronavirus ‘cures ‘? The 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 including 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 on this little-understood section of the internet. Nearly 10 years since it started being used on an important 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 are anonymised trading platforms that directly connect buyers and sellers of a variety of illegal goods and services – just like 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 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 have one of many world market onion; formyclassroom.com – https://formyclassroom.com/author/florianmcdo/,’s highest concentrations of darknet drug vendors per capita.

Despite 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 away from realm of state regulation, each one of these is initiated and maintained by a central administrator who, along with 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 may also be ultimately responsible for determining so 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 certain products
the revenues a niche site 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 to the dark web

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

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

Firstly, the amount of dodgy covid-related products for sale on the dark web is relatively small. According to the research, they take into account about 0.2% of listed items. The overwhelming majority of products were those we’re already acquainted with – particularly illicit drugs such as for example cannabis and MDMA.

Also, while the analysis focused on products listed on the market, these are usually listings for products that either do no exist or are listed with the particular intention to defraud a customer.

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

 

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