Categories: NewsTechnology

Facebook Marketplace Well Underway To Become The Publicly Accessible Silk Road

The newly launched Facebook Marketplace has been greeted with a lot of anticipation. Unfortunately, it did not take long for things to get severely out of hand. Less than 24 hours after the public launch, the Marketplace looked very similar to Silk Road. Illegal drugs, weapons, and adult services were just some of the listings that violated the TOS. It looks like the darknet is not the only place where criminals want to buy or sell goods and services.

Facebook Marketplace Becomes A Public Darknet Forum

When people want to buy or sell drugs, weapons, or other illicit products online, they will usually flock to the darknet. Accessing these platforms requires specific software, such as the Tor Browser. Silk Road was once its prime marketplace until it was shut down by the FBI a few years ago.

But the darknet is not the only place where people can buy and sell less than legitimate goods and services. The newly launched Facebook Marketplace is no better, as it contained plenty of illicit listings as soon as it opened to the public. Baby hedgehogs may have  been the last illegal offering on there to date.

Criminals will flock to any platform that has mainstream traction to try and attract customers. For drugs, guns, and sexual services, there is a vast audience, most of whom like to lurk on the deep web. But with Facebook Marketplace, it was possible to buy and sell these things in the open. Apparently the company’s reviewing system was compromised due to a “technical issue,” and no screening for commerce policies violations took place.

Related Post

While Facebook has a global appeal, these types of malicious postings were to be expected. Anything that has somewhat of an advantage over tightly regulated marketplaces and auction sites will attract the criminal element. Although Facebook is more public than the deep web, users can still hide behind fake profiles without much trouble.

At the same time, a social network launching its marketplace is greeted with some skepticism. Most people wonder why they would leave “trusted” ecosystems such as Amazon or even eBay for Facebook Marketplace. With a limited roll out to a handful of countries,  it will take some time until the concept gains traction. Moreover, the marketplace will not be accessible through a desktop for the next few months, as the company focuses on mobile first.

Image credit 1

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

SkyAI’s Explosive 20x Surge Raises Red Flags As On-Chain Data Points To Possible Market Manipulation

The cryptocurrency market is in the crosshairs once again, an explosive price move in SkyAI…

8 hours ago

Bitget Launches OpenAI Pre-IPO Access As Crypto Exchanges Push Into Tokenized Equity Markets

Bitget officially launched pre-IPO access to OpenAI via its IPO Prime platform which deepens their…

23 hours ago

Tether Expands Open-Source Push With New Developer Grants For AI And Payment Infrastructure

Tether's presence in decentralized tech space is growing due to the launch of its developer…

2 days ago

Huma Finance Exploit Hits Legacy Contracts As Platform Maintains Stability And Accelerates Transition To V2 System

While challenges remain, the decentralized finance sector is moving forward, and Huma Finance's exploit serves…

2 days ago

Chainlink Expands Cross-Chain Reach As Major Protocols And Institutions Deepen Adoption 

Chainlink is continuing its mission to be the most widely integrated infrastructure in crypto, adding…

3 days ago

Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout

A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem…

4 days ago