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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 obsessed about the dark web. These 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 part of the internet. Nearly ten years since it started being utilized 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 are 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 instance eBay.

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

Not really a free-for-all

There are now higher than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities all over 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.

Unlike popular belief, cryptomarkets are not the “lawless spaces” they’re often presented as in the news. darkode Market – http://beauhorn.com/forums/users/fredricyno/ 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 set up 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 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 several 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 in to the dark web

A report from the Australian National University published last week talks about several hundred coronavirus-related products on the market across a dozen 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 details ought to be contextualised with a few important caveats.

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

Also, while the analysis centered on products listed for sale, these are usually listings for products that either do no exist or are listed with the precise 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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