Silk Road 3.0 and the million-dollar drug trade hiding in the deep web

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by news.com.au
November 9, 2014

The dark web poses new and formidable challenges for law enforcement agencies around the world that have been dealing for decades with more conventional international drug trafficking. The reach and anonymity of these 21st century internet operations is difficult to penetrate. Silk Road and copycats on the TOR network are not readily visible through popular internet search sites. The buyers and sellers don’t exchange cash, dealing instead in often untraceable digital currencies, usually Bitcoin. So there are no banking records for investigators to subpoena.

by news.com.au
November 9, 2014

NO sooner had authorities announced the shuttering of an alleged illegal online drug bazaar than another popped up claiming to take its place.

Welcome to the “dark web,” an increasingly popular corner of the internet where thousands of computer users from around the globe interact anonymously — and, in many cases, illegally.

On Thursday, the US Department of Justice charged a 26-year-old San Francisco man with operating Silk Road 2.0, an anonymous website that authorities say rang up $8 million in monthly drug sales.

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