'Dark net' drug deals boom on cyber Silk Road

Posted in: Legal, Privacy & Security at 11/08/2012 14:56

Underground online drug marketplace Silk Road is doing an estimated $22 million a year in sales but, in light of evidence of its growing popularity among Australians, police and customs officials are starting to crack down.

Silk Road - started by "Dread Pirate Roberts" in February last year - functions like a black market version of eBay, complete with vendor feedback, dispute resolution and sales promotions. Cocaine and ecstasy sell for a quarter of Australian street prices, while other drugs such as cannabis and prescription medication are also shipped worldwide.
http://www.theage.com.au/technology/technology-news/dark-net-drug-deals-boom-on-cyber-silk-road-20120809-23wdj.html
http://www.smh.com.au/technology/technology-news/dark-net-drug-deals-boom-on-cyber-silk-road-20120809-23wdj.html

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