April 30, 2013

Inside the Internet's Booming Black Market

Adrianne Jeffries, The Verge


AP Photo

In the beginning of February a remorseful Paul Leslie Howard, 32, stood in front of a judge in Melbourne and pleaded guilty to charges of selling meth, LSD, amphetamines, and pot, as well as importing distribution-level quantities of MDMA and cocaine. Howard, a heavyset man who worked the door at night clubs, seemed genuinely remorseful. He was not a career drug dealer. He and his wife were having money problems when he read an article about Silk Road, a secret online black market where thousands of drugs are for sale. He registered for an account a year ago. Thanks to the site, he’d been living like a kingpin for about six months.

Read Full Article ››

TAGGED: Internet

RECOMMENDED ARTICLES

October 24, 2013
The Battle for Power on the Internet
Bruce Schneier, The Atlantic
We’re in the middle of an epic battle for power in cyberspace. On one side are the traditional, organized, institutional powers such as governments and large multinational corporations. On the other are the distributed... more ››
October 23, 2013
How the Internet Ruins Your Life
Caitlin Dewey, Washington Post
If you’ve ever suspected the Internet is taking over your offline life, an economist has some disheartening news for you: It is. more ››
October 22, 2013
I Worry About Teens on Tumblr
Jeremy Wilson, The Kernel
There’s no such thing as a half-hearted selfie on Tumblr. There are countless Tumblr blogs, mainly of young females who intersperse their posts of celebrities in bikinis with themselves in their underwear and posts of... more ››
October 25, 2013
Why the Government Gets Tech Wrong
Johnson & Reed, New York Times
For the first time in history, a president has had to stand in the Rose Garden to apologize for a broken Web site. But HealthCare.gov is only the latest episode in a string of information technology debacles by the federal... more ››