New Drug Marketplace Gears Up To Replace Silk Road

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FBI Arrests Operator of Silk Road 2.0 Website

ForexMinute.com – Evolution Marketplace, a newly born dark marketplace, is all set to take over Silk Road’s vacant position.

According to a report by Digital Citizens Alliance (DCA), Evolution Marketplace has seen “explosive growth” right after the shutdown of its predecessor Silk Road. “It is a much different animal than Silk Road,” said the organization’s Research Director Dan Palumbo while describing how the latter never attempted to get involved in crimes that hurt any individual.

“They [Evolution Marketplace] sell weapons, stolen credit cards, and more nefarious items that were forbidden on both versions of Silk Road,” he said. “Silk Road sold a lot of dangerous things, but operators drew the line at their version of “victimless crimes,” i.e. no child pornography, weapons, or identity theft. Now, four of the top five DarkNet Marketplaces sell weapons while three of the top five sell stolen financial data. This is a darker DarkNet. It speaks to the challenge facing law enforcement as they knock one set of bad actors offline; another comes along with bigger and bolder intentions.”

Evolution Marketplace currently lists around 15,000 different drugs, the highest among its competitors. It therefore dominates the drug market by covering a whopping 45% cut, and a 52% share in the darknet marketplace as well.

To contact the reporter of the story: Yashu Gola at Yashu@forexminute.com

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With an upbringing rooted in deep ethical values, Yashu Gola knows how to put honesty and dedication into his articles. This young and dynamic financial analyst has done his graduation in IT engineering. His interests in financial writing have once brought him to our digital doorsteps. Since then, he has been an integral part of ForexMinute.com and writes the most captivating news-articles on the foreign exchange industry, cryptocurrencies, and medical marijuana trading.