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Exit Scam
An exit scam is a confidence trick where an established business stops shipping orders while receiving payment for new orders. If the entity had a good reputation, it could take some time before it is widely recognized that orders are not shipping, and the entity can then make off with the money paid for unshipped orders. Customers that trusted the business do not realize that orders are not being fulfilled until the business has already disappeared. Conversely, purchasers can also perpetrate exit scams if, while secretly planning to close their business and/or abscond, they procure goods and services for which they do not intend to pay. However, these sorts of incidents are less common. Moreover, it is not uncommon for a procurer to go out of business due to insolvency they did not wish to occur. Such insolvencies are not typically considered to be criminal acts, let alone exit scams unless there is clear evidence of bad faith – e.g., if it can be proven the business avoided pay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Market
A darknet market is a commercial website on the dark web that operates via darknets such as Tor or I2P. They function primarily as black markets, selling or brokering transactions involving drugs, cyber-arms, weapons, counterfeit currency, stolen credit card details, forged documents, unlicensed pharmaceuticals, steroids, and other illicit goods as well as the sale of legal products. In December 2014, a study by Gareth Owen from the University of Portsmouth suggested the second most popular sites on Tor were darknet markets. Following on from the model developed by Silk Road, contemporary markets are characterized by their use of darknet anonymized access (typically Tor), Bitcoin or Monero payment with escrow services, and eBay-like vendor feedback systems. History 1970s to 2011 Though e-commerce on the dark web started around 2006, illicit goods were among the first items to be transacted using the internet, when in the early 1970s students at Stanford University ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Darknet Market
A darknet market is a commercial website on the dark web that operates via darknets such as Tor or I2P. They function primarily as black markets, selling or brokering transactions involving drugs, cyber-arms, weapons, counterfeit currency, stolen credit card details, forged documents, unlicensed pharmaceuticals, steroids, and other illicit goods as well as the sale of legal products. In December 2014, a study by Gareth Owen from the University of Portsmouth suggested the second most popular sites on Tor were darknet markets. Following on from the model developed by Silk Road, contemporary markets are characterized by their use of darknet anonymized access (typically Tor), Bitcoin or Monero payment with escrow services, and eBay-like vendor feedback systems. History 1970s to 2011 Though e-commerce on the dark web started around 2006, illicit goods were among the first items to be transacted using the internet, when in the early 1970s students at Stanford University and Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NFCC
The PFF National Challenge Cup is an annual semi-professional Single-elimination tournament, knockout association football, football competition in men's domestic Football in Pakistan, Pakistani football within the Pakistan football league system. It is organized by and named after the Pakistan Football Federation. Khan Research Laboratories F.C., Khan Research Laboratories have won the most titles (six). WAPDA F.C., WAPDA are the current champions, winning the 2020 PFF National Challenge Cup, 2020 edition courtesy of a 1-0 win against SSGC F.C. in the final. Background Although it is an annual competition, it has not been held on a few occasions. The competition was not held from (1980–83, 1986, 1988–89, 1995, 1997, 2004, 2006–07, 2017, 2021–22). The tournament has seen various name changes throughout its establishment. Names Finals ;Wins by club Results by team Since its establishment, the National Challenge Cup has been won by 15 different teams. Teams shown in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Market
A black market, underground economy, or shadow economy is a clandestine market or series of transactions that has some aspect of illegality or is characterized by noncompliance with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution is prohibited by law, non-compliance with the rule constitutes a black market trade since the transaction itself is illegal. Parties engaging in the production or distribution of prohibited goods and services are members of the . Examples include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Violations of the tax code involving income tax evasion in the . Because tax evasion or participation in a black market activity is illegal, participants attempt to hide their behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions since cash transactions are less-easi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrencies
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ..., to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities. Individual coin ownership records are stored in a digital ledger, which is a computerized database using strong cryptography to secure E-commerce, transaction records, control the creation of additional coins, and verify the transfer of coin ownership. Despite the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Business Times
The ''International Business Times'' is an American online news publication that publishes five national editions in four languages. The publication, sometimes called ''IBTimes'' or ''IBT'', offers news, opinion and editorial commentary on business and commerce. IBT is one of the world's largest online news sources, receiving forty million unique visitors each month. Its 2013 revenues were around $21 million. As of January 2022, IBTimes editions include Australia, India, International, Singapore, U.K. and U.S. ''IBTimes'' was launched in 2005; it is owned by IBT Media, and was founded by Etienne Uzac and Johnathan Davis. Its headquarters are in the Financial District of Lower Manhattan, New York City. History Founder Etienne Uzac, a native of France, came up with the idea for the global business news site while a student at the London School of Economics. He found that the strongest business newspapers had a focus on the United States and Europe and planned to provide broad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Evolution (marketplace)
Evolution was a darknet market operating on the Tor network. The site was founded by an individual known as 'Verto' who also founded the now defunct Tor Carding Forum. Evolution was active between 14th January 2014 and mid March 2015. Launched January 14, 2014, it saw rapid growth within its first several months, helped in part by law enforcement seizures of some of its competitors during the six-month-long investigation codenamed Operation Onymous. Speaking about why Evolution was not part of Operation Onymous, the head of the European police cybercrimes division said it was "because there's only so much we can do on one day." ''Wired'' estimated that it was one of the two largest drug markets. Evolution was similar to other darknet markets in its prohibitions, disallowing "child pornography, services related to murder/assassination/terrorism, prostitution, ponzi schemes, and lotteries". Where it most prominently differed was in its more lax rules concerning stolen credit c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monero
Monero (; Abbreviation: XMR) is a decentralized cryptocurrency. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading monero, transaction amounts, address balances, or transaction histories. The protocol is open source and based on CryptoNote, a concept described in a 2013 white paper authored by Nicolas van Saberhagen. The cryptography community used this concept to design Monero, and deployed its mainnet in 2014. Monero uses ring signatures, zero-knowledge proofs, "stealth addresses", and IP address–obscuring methods to obfuscate transaction details. These features are baked into the protocol, though users can optionally share view keys for third-party auditing. Transactions are validated through a miner network running RandomX, a proof-of-work algorithm . The algorithm issues new coins to miners, and was designed to be resistant to application-spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chargeback
A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card. In the distribution industry, a chargeback occurs when the supplier sells a product at a higher price to the distributor than the price they have set with the end user. The distributor submits a chargeback to the supplier so they can recover the money lost in the transaction. United States overview The chargeback mechanism exists primarily for consumer protection. Holders of credit cards issued in the United States are afforded reversal rights by Regulation Z of the Truth in Lending Act. United States debit card holders are guaranteed reversal rights by Regulation E of the Electronic Fund Transfer Act. Similar rights extend globally, pursuant to the rule ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Darknet Market Exit Scam Model
A dark net or darknet is an overlay network within the Internet that can only be accessed with specific software, configurations, or authorization, and often uses a unique customized communication protocol. Two typical darknet types are social networks (usually used for file hosting with a peer-to-peer connection), and anonymity proxy networks such as Tor via an anonymized series of connections. The term "darknet" was popularized by major news outlets to associate with Tor Onion services, when the infamous drug bazaar Silk Road used it, despite the terminology being unofficial. Technology such as Tor, I2P, and Freenet was intended to defend digital rights by providing security, anonymity, or censorship resistance and is used for both illegal and legitimate reasons. Anonymous communication between whistle-blowers, activists, journalists and news organisations is also facilitated by darknets through use of applications such as SecureDrop. Terminology The term originally describe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
