Obtaining reliable information about darknet markets (DNMs) is a constant struggle, given the propensity of news sites and forums to come and go. No sooner has one portal gained ascendancy than it’s been toppled by law enforcement or exited under mysterious circumstances. The recent disappearance of darknet forum Dread has left a gaping hole in the DNM community – and a host of unanswered questions.

Also read: Despite Setbacks, Darknet Markets Show Continuous Growth in 2019

Hugbunter Flicks the Dead Man’s Switch

Dread is dead. The darknet forum where buyers and sellers gathered to exchange links, rate vendors, and discuss opsec has been offline for almost a fortnight. The site didn’t hold cryptocurrency deposits or directly facilitate DNM transactions, but was nevertheless a crucial cog in the darknet economy. The site went offline 10 days ago, prompting speculation as to what may have happened to its pseudonymous admin, Hugbunter. DNM tracker site currently displays a warning that reads:

Dread is offline, Hugbunter is missing. Assume Dread and its team are compromised. Rotate all passwords you may have used there immediately. Assume all unencrypted private messages you sent have been compromised. Re-evaluate your OPSEC.

Users of darknet markets should not be directly affected by Dread’s disappearance, unless they’ve used the same password to access DNMs or sent incriminating private messages on its forum that may now be in the hands of law enforcement or hackers. “HugBunter’s Deadman Has Been Switched” reads the front page of Dread, with the remainder of the site inaccessible.

Darknet Markets Are Thriving Despite the Mysterious Death of Dread
The current homepage of Dread

A dead man’s switch is “designed to be activated or deactivated if the human operator becomes incapacitated, such as through death, loss of consciousness, or being bodily removed from control.” It’s been used in the past by Julian Assange, for instance, as a means of guaranteeing that damaging information on adversaries will be released in the event of his arrest or death. Edward Snowden is also believed to have set one up.

Dread Is Dead But r/Darknet Lives On

Dread went down on September 20 for maintenance, with Hugbunter promising a “huge update to provide increased stability as the platform grows” including “a variety of bug fixes.” When the site failed to return online, Dread admin “Paris” signed a message to the site which reads: “HugBunter’s deadman has been switched. It has been three full days without any contact … All I can hope is he is alive and well. Not harmed, captured, or dead. However we must assume the worse in this case.”

With Dread seemingly gone for good, Paris has recommended that DNM users congregate on one of the following forums:

Darknet Avengers: http://avengersdutyk3xf.onion

Envoy Forum: http://envoys5appps3bin.onion

The Hub Forum: http://thehub7xbw4dc5r2.onion

For clearnet users, there’s also sub-reddit r/Darknet which, as recently reported, is going strong with 65,000 users. Previous sub-reddits such as r/Darknetmarkets have been shut down in the past, however, as has DNM site Deepdotweb, highlighting the hazards of disseminating information on drugs which many nations still deem to be illegal.

Darknet Markets Are Thriving Despite the Mysterious Death of Dread

The hypocrisy of countries criminalizing the same drugs their three-letter agencies traffick and use to entrap targets, while selling over-the-counter medicines that cause greater death and addiction, is well-documented. Cryptocurrency users are well aware of the double standard at play. It was the primary driver for many bitcoiners to shun the filthy fiat system in the first place in favor of sounder money.

While powerless to dictate the whims of governments and their censorship-crazy apparatchiks, cryptocurrency users draw solace from the fact that the war on drugs – like the war on all amorphous concepts – is going badly. 50 years of failed policies have shown that criminalization does nothing to diminish the public’s desire to decide what they put into their bodies. On the darknet, business is booming, with DNMs such as Point, Berlusconi, and Empire enabling thousands of users a day to obtain goods and services in exchange for cryptocurrencies such as BTC, BCH, ETH, and XMR. Despite Dread’s loss, darknet markets aren’t just surviving – they’re thriving.

What are your thoughts on Dread’s disappearance? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Images courtesy of Shutterstock.

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The post Darknet Markets Are Thriving Despite the Mysterious Death of Dread appeared first on Bitcoin News.

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