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Dark Net's Top Selling Drug Dealer Is Making $1.5 Million This Year

Posted by Soulskill on from the but-do-they-401k-match dept.

Patrick O'Neill writes: Behind a wall of anonymity, an American business is selling $1.5 million in medical marijuana products on the Dark Net this year, according to an analysis of publicly available market records. Occupying the top selling spot on the biggest black market around, Medibuds, as the business brands itself, is the biggest business on the Dark Net. The operation ships dozens of deals a day and has endured for three years, outlasting hundreds of markets and competitors.

11 of 132 comments (clear)

  1. Just because you can... by Anonymous Coward · · Score: 3, Insightful

    You know, if you're a supporter of the darknet and the drug marketplace contained within, please stop publishing this shit. Yes, the marijuana laws need to be reformed. Yes, it's only weed. But it's still a crime in most of the world and now with this kind of exposure, you've just put a gigantic red X on some poor bastard's back. DPR thought he could taunt the feds, they got him. I'm sure Medibuds doesn't need the exposure.

    1. Re:Just because you can... by Anonymous Coward · · Score: 2, Insightful

      I'm pretty sure you put a big red X on your own back by running the most successful operation to date.

      These guys seem to know how to handle their shit, no advice needed. After all, they're still in business, right? Which means they're either Really Good or Really Law Enforcement.

    2. Re:Just because you can... by KGIII · · Score: 2

      What is amusing is that you all seem to believe that this is the most successful operation to date. There may well be bigger that operate on a variety of sites in the dark web. They are just not likely to come out and give this information away.

      --
      "So long and thanks for all the fish."
    3. Re:Just because you can... by Opportunist · · Score: 2

      I'm pretty sure they'll be ok as long as they pay their taxes.

      Illegal, shmelligal, what matters is whether the bribe is right.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  2. Revenue or profit ? by x0ra · · Score: 2

    The article is rather vague, but a business making $1.5millions in revenue, especially in the grey-drug market, should not be bringing much profit...

    1. Re:Revenue or profit ? by HideyoshiJP · · Score: 2

      Either way, it still doesn't sound like that much for something billed as being "the biggest."

  3. Marijuana should be legalized by FudRucker · · Score: 5, Insightful

    in all 50 states, and federally, and for recreational use too. like alcohol = anyone over 18 or 21 can buy it, take it home and smoke it or eat it in the privacy of their own home, but NO DRIVING while stoned, no smoking in public places, legal to grow 6 plants to maturity regardless of size of weight,

    the US Govt needs to admit the war on marijuana is impractical and oppressive to far too many people that are otherwise law abiding and peaceful people

    --
    Politics is Treachery, Religion is Brainwashing
    1. Re:Marijuana should be legalized by Noah+Haders · · Score: 4, Interesting

      why? cuz smoking is gross and nasty and smelly. I want to actually enjoy the food that I'm paying for, not to have everything taste like an ashtray. The same goes for both tobacco and MJ.

      We're in an era of rebirth, where we have finally liberated our noses and taste buds from 300 years of oppression of somebody crumpling up a plant leaf and smoking it over your dinner plate.

      remember when they used to allow smoking on planes? I do? they did it on international flights. The last few rows were "smoking rows", and they even put up a handy plaque to denote the dividing line.

  4. $1.5M is the biggest? by turkeydance · · Score: 4, Insightful

    Dark Net's not doing too well.

  5. Re:smart contracts vs escrow accounts by weilawei · · Score: 2

    I know the *money* is supposedly untraceable

    Would people stop saying this? It's not a feature baked into BitCoin. I'll repeat myself: BitCoin is not inherently anonymous.

    Actual anonymity with a digital currency requires you to avoid spending it anywhere it could ever be linked to your physical person in any possible manner. You also need to acquire it with the same caveats.

  6. Re:smart contracts vs escrow accounts by weilawei · · Score: 2

    What is stopping them from running away with all the money stashed in the escrow accounts?

    Perhaps, in large part, because repeat customers are better business than people you just scammed?