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The Secret Behind World Market Onion

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  • Country: Australia
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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 obsessed about the dark web. These 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 yet again focused public attention with this little-understood area of the internet. Nearly 10 years because it started being applied to a significant 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://www.richtmann.org/index.php/component/k2/item/10-set-vivid-goals – https://www.richtmann.org/index.php/component/k2/item/10-set-vivid-goals] 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 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 a free-for-all

There are currently higher 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 all over the world report sourcing their drugs online. In Australia, we’ve one of the world’s highest concentrations of darknet drug vendors per capita.

Despite popular belief, cryptomarkets are not 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 set up 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 responsible for 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 many products
the revenues a site makes from commissions charged on transactions
and the perceived “heat” that could be attracted from law enforcement in the trading of particularly dangerous illegal goods and services.

Experts delve in to the dark web

A written report from the Australian National University published the other day looks at several hundred coronavirus-related products for sale across twelve cryptomarkets, including supposed vaccines and antidotes.

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

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

Also, while the analysis focused on products listed for sale, these are 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 probable minimal, at best.

  

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