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The Hidden Mystery Behind World Market Onion

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The darknet – a wild west for fake coronavirus ‘cures ‘? The truth is more complicated (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 like 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 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. These are anonymised trading platforms that directly connect buyers and sellers of a range of illegal goods and services – just like legitimate trading websites such as for instance 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 really a free-for-all

There are currently more than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities around the globe 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 one of the World Market – http://sciencecasenet.org/members/andreaoverton8/profile/’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, each one of these is initiated and maintained by a central administrator who, alongside employees or associates, is responsible for the market’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators will also be 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 may 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 a week ago looks at several hundred coronavirus-related products on the market across twelve cryptomarkets, including supposed vaccines and antidotes.

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

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

Also, while the research dedicated to products listed available, these are usually 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 likely minimal, at best.

 

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