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Three World Market Onion Secrets You Never Knew

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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 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 with this little-understood element of the internet. Nearly 10 years as it started being utilized on an important 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 darkode market – https://andrewsteele.co.uk/physics/mmcalc/docs/what_may_da_kode_ma_ket_do_to_make_you_swap 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 selection of illegal goods and services – much like legitimate trading websites such as for example eBay.

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

Not just a free-for-all

There are still 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’ve among the world’s highest concentrations of darknet drug vendors per capita.

Contrary to 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 is initiated and maintained by a central administrator who, along side 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 accountable for determining what can and can’t be sold on the 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 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 to the dark web

A report from the Australian National University published the other day talks about several hundred coronavirus-related products on the market 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, this information must be contextualised with several important caveats.

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

Also, while the study dedicated to products listed for sale, 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 specific sale of fake coronavirus “cures” on the dark web is likely minimal, at best.

 

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