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      harrisboothe703
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      The darknet – a wild west for fake coronavirus ‘cures ‘? The truth 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 such as 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 part of the internet. Nearly a decade because 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 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 variety of illegal goods and services – much like legitimate trading websites such as eBay.

      So just how do 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 still greater than a dozen darknet marketplaces in operation. Protected by powerful encryption technology, authorities around the globe have largely didn’t contain their growth. A steadily increasing proportion of illicit drug users around the world market (serwer1397937.home.pl) report sourcing their drugs online. In Australia, we have 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 away from realm of state regulation, each one of these is established 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 may also be ultimately responsible for determining exactly what do 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 certain products
      the revenues a website 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 a week ago talks about several hundred coronavirus-related products available across several 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 records must certanly 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 take into account about 0.2% of listed items. The overwhelming majority of products were those we are already knowledgeable about – particularly illicit drugs such as for instance cannabis and MDMA.

      Also, while the research dedicated to products listed on the market, these are most likely listings for products that either do no exist or are listed with the specific 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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