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Author Topic: 2012-04-30 How online black markets work [csoonline.com]  (Read 1389 times)
jgarzik
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April 30, 2012, 08:46:57 PM
 #1

Link: http://www.csoonline.com/article/705316/how-online-black-markets-work

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How online black markets work
Corporate investigator Brandon Gregg looks at how bitcoins and Tor make anonymous black markets tick
By Brandon Gregg, CPP

The internet is no stranger to crime. From counterfeit and stolen products, to illegal drugs, stolen identities and weapons, nearly anything can be purchased online with a few clicks of the mouse. The online black market not only can be accessed by anyone with an Internet connection, but the whole process of ordering illicit goods and services is alarmingly easy and anonymous, with multiple marketplaces to buy or sell anything you want.

Understanding how the market thrives—unregulated and untraceable—can give you a better sense of the threats (or resources) that affect you and your business.

[...]

Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
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marcus_of_augustus
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April 30, 2012, 10:00:31 PM
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What about your "long arm of Government" Jeff?

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"We are working with the government to make sure indeed the long arm of the government can reach Bitcoin."
--Jeff Garzik, Bitcoin Developer

http://themonetaryfuture.blogspot.co.nz/2011/11/air-guitars-and-bitcoin-regulation.html

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May 01, 2012, 01:25:47 AM
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Not a very good article on how to stay anonymous using bitcoin to buy illegal goods.

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