Will the SEC Bust Facebook for Drugs?
Also syndicated loans, floor traders and soul securitization.
It is illegal to sell illegal drugs. (Obviously.) It is illegal to operate an online marketplace for illegal drugs; ask the Silk Road guy. But “online marketplace for illegal drugs” is a vague and general description; really any internet service that allows users to create their own content could be used as an online marketplace for illegal drugs. You could try to offer drugs for sale on eBay or Etsy or Twitter or LinkedIn or WeChat or Discord or Slack or Zoom or Goodreads or Google Hangouts or, and let me be clear that I do not condone this, the comments section of Money Stuff. Type in the box “I’ve got some kind bud for sale,” someone types in the box below it “I want some,” you type “okay where are you,” they type their address, you go meet them with the drugs, boom, online marketplace for illegal drugs. There are so many places on the internet where you can type in a box.
Facebook is a big one. If you’re selling something and want to reach the broadest possible audience (not necessarily a great idea for drug dealers!), Facebook is where everyone is, so you might post your ad for illegal drugs there. Or on Instagram, also operated by Facebook Inc., where you can post a nice picture of the drugs.