Dark Web

Abstract

There is a pressing need for understanding blockchain, cybercrime, and dark web-based fraud. As the world continues to turn digital, uses of cryptocurrencies are becoming mainstream. With this technological adoption becoming a reality, crime is adapting to the times. “Click here for free Bitcoin,” “set up an account and earn 100BTC instantly” are merely anecdotal examples of the ways the act of fraud is innovating. Deeper into this proliferation of technology lies the dark web, where your social security and identity may be offered for a small sum as we speak. Blockchain technology fueled dark web marketplaces' enormous growth, which facilitated identity fraud and many other cybercrimes taking place as we speak. This chapter and its authors aim to provide a thorough yet simplified explanation of these technologies while expressing current trends and theories surrounding dark web fraud trading of fraud guides and the use of social engineering. This chapter aims to explain all aspects of this area of cybercrime for all to understand.