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The Secret Guide To World Market Onion

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The darknet – a wild west for fake coronavirus ‘cures ‘? The stark reality 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 generally include black market PPE, illicit medications such as 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 area of the internet. Nearly 10 years because it started being utilized on a substantial scale, the dark web continues to be 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 variety of illegal goods and services – much like legitimate trading websites such as eBay.

So how can darknet marketplaces work? And simply 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 world have largely failed to contain their growth. A steadily increasing proportion of illicit drug users around the globe report sourcing their drugs online. In Australia, we have among the world’s highest concentrations of darknet drug vendors per capita.

Despite 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 beyond your realm of state regulation, each one of these is established and maintained by a main administrator who, along with employees or associates, is accountable for the market’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators will also be ultimately accountable 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 many products
the revenues a website makes from commissions charged on transactions
and the perceived “heat” that may be attracted from law enforcement 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 a week ago looks at several hundred coronavirus-related products on the Darkode Market – https://abingdonfoundation.org/author/evonnewheat/ across several 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, this information should be contextualised with a few 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 fully for about 0.2% of all listed items. The overwhelming most products were those we’re already acquainted with – particularly illicit drugs such as for instance cannabis and MDMA.

Also, while the study focused on products listed on the market, these are most likely listings for products that either do no exist or are listed with the precise 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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