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The darknet – a wild west for fake coronavirus ‘cures ‘? The stark reality is more complicated (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 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 on this little-understood area of the internet. Nearly a decade since it started being applied to an important scale, the dark web remains 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. 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 eBay.

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

Not really a free-for-all

There are more than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities around the world have largely didn’t contain their growth. A steadily increasing proportion of illicit drug users all over the world report sourcing their drugs online. In Australia, we have one of 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 of these is initiated and maintained by a central administrator who, along with employees or associates, is responsible for the darkode market – https://www.eshopfiji.com/blog/28679/shhhh-listen-do-you-hear-the-sound-of-darkode-market?c=3244’s security, dispute resolution between buyers and sellers, and the charging of commissions on transactions.

Administrators are also ultimately in charge of determining so what can and can’t be sold on their cryptomarket. These decisions tend 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 site 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 report from the Australian National University published the other day discusses several hundred coronavirus-related products for sale 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, this information should be contextualised with a few important caveats.

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

Also, while the research centered on products listed available, these are likely 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 probable minimal, at best.

  

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