Cryptocurrencies have emerged as the most advanced methods of terror financing and when it is being transacted on the dark net like TOR, Freenet, Zeronet and Perfectdark, it becomes untraceable for the security agencies.
Money launderers, cyber criminals and terrorists find cryptocurrencies such as Bitcoin, Monero, Ripples and Zcash highly convenient because they offer anonymity and non-traceability.
The dark net is a deep under variable link in the area of internet where one cannot find the identity of the users as the router browser keeps complete anonymity on the identity of the users. It keeps the user anonymous with whom he or she is interacting with because of the end-to-end encryption, cyber expert Pawan Duggal said.
In both cases, the anonymity creates real challenges for the law enforcing agencies in India and it has created a unique “cybercrime economy” on the dark net where all kinds of cyber crimes and services are now increasingly being offered, he added.
The security agencies need to be trained to penetrate these online systems to trace the sources of funding and purpose so that the preventive steps can be taken, Duggal further said.
A senior official in the Narcotics Control Bureau (NCB) said that the use of this platform is not only confined to drug trafficking or narco trade but this has been of late being used by many terror organisations across the world.
The NCB has been constantly combating the drug peddlers opting for Dark Net and it has collaborated with international agencies to control the menace.
The dark net also provides self-destructive mailboxes and proxy servers where people can use fake IDs. It definitely makes it difficult to prove a particular charge and there is a requirement for amendment to…
