Stolen COVID-19 Vaccines and fake certificates are now sold on Darknet Markets in exchange for Crypto.
The Coinfirm blockchain analytics team held an investigation and uncovered an illicit trade in Covid-19 vaccines, certificates, and tests on different darknet marketplaces.
According to a report on July 1, Coinfirm identified several addresses linked to different vendors selling illegal Covid-19 essentials for crypto assets namely; Bitcoin, Ethereum, Dash, Litecoin, Tron, Moneron and Zcash.
Darknet markets normally use privacy coins to pay for illegal goods. This is because of its properties that allow users to transact anonymously. And also darknet market platforms entertain people who want to stay anonymous.
The ‘Vaccine Shop’ wallet links to 145 other payment-accepting addresses. They were flagged for stolen or cloned credit card vendors, drug traders, and perpetrators of scams – particularly Bitcoin “doublers”. They are fully automatic investment platforms that operate without human intervention.
Vaccines for Open Sale
A darknet vendor named ‘COVID-19 Vaccine Shop’ was openly selling a wide range of vaccines in bulk ranging from AstraZeneca to SputnikV.
A different vendor, with the name of ‘Vaccine Shop’ states that it is currently selling stolen vaccines
Hydra, a vendor of the biggest darknet marketplaces, claims to give “certification of the completion of a full course of vaccinations from Covid-19, the dates of the vaccine and the series, the doctor’s signature and the seal of the medical organization”.
In spite of “the obvious dangers of having rogue agents within the medical profession”. One of the worrying aspects is that some of the services that connect to people. They could input and change information in the national health systems.
Know-Your-Customer Measures are still important
The importance of Know-Your-Customer (KYC) standards have been an ongoing topic for debate. Exchanges and other organizations that handle and swap crypto, they don’t have KYC built into them. They can also be a host to criminals and malicious interest groups that seek an easy way to cash out their funds.
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