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Topic: 2012-04-30 How online black markets work [csoonline.com] (Read 1562 times)

legendary
Activity: 980
Merit: 1014
Not a very good article on how to stay anonymous using bitcoin to buy illegal goods.
legendary
Activity: 3920
Merit: 2348
Eadem mutata resurgo

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
legendary
Activity: 1596
Merit: 1091
Link: http://www.csoonline.com/article/705316/how-online-black-markets-work

Quote
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.

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