Coinfirm announced that some users on the infamous dark web have been selling fake vaccine certificates for COVID-19 and stolen vaccine doses in exchange for a variety of cryptocurrencies. According to the report, you can buy 10 shots of the AstraZeneca product for $ 250 or its crypto equivalent.
BTC in exchange for a coronavirus shot
Criminals see the anonymity of the dark web as an attractive marketplace where they can do a variety of illegal business.
Blockchain analytics firm Coinfirm reported that such bad actors operate on this particular platform to sell fake COVID-19 vaccine passports as well as stolen vaccine doses. In return, they prefer cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Monero (XMR) and many more.
Coinfirm assumed that the criminals choose this payment method because of its anonymity and worldwide popularity.
The blockchain company reported on a specific dark web vendor called “COVID-19 Vaccine Shop,” where shoppers can find dozens of Pfizer-BionTech, AstraZeneca, Moderna, and Johnson & Johnson. Interestingly, you can even purchase the Russian product Sputnik V.
According to the research, most of the criminals who sell on the Darknet are located in the Russian Federation or in the USA. Coinfirm further announced that Eastern Europeans are the ones who buy these vaccines and fake passports the most. The estimated price of most products is $ 250 per 10 cans or the equivalent in digital currencies.
Crypto transactions in the darknet
The cryptocurrency transfers in the dark web reached an ATH in 2020 Crypto potato reported these transactions totaled $ 1.5 billion last year. However, the number of illegal transactions in 2019 was higher than in 2020 – 12 million versus 9 million. This means that customers have made fewer purchases this year, but have spent larger sums.
Monero, on the other hand, is the most popular digital asset on the dark web. In the past, BTC was the most preferred for such transactions, but over the years the focus has shifted to assets like Ethereum (ETH), Litecoin (LTC), and especially Monero (XMR) – known for its improved data protection.
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