Shill bidding is when a bid is placed by someone connected to the seller, not to win the auction but to inflate the final sale price unfairly. Silky Road strictly prohibits shill bidding as it distorts the true value of items. To prevent this, our system prohibits sellers from bidding on their own items, and [...]
Shill bidding is when a bid is placed by someone connected to the seller, not to win the auction but to inflate the final sale price unfairly.
Silky Road strictly prohibits shill bidding as it distorts the true value of items. To prevent this, our system prohibits sellers from bidding on their own items, and we employ robust anti-fraud measures that scrutinize all bidders. If caught engaging in shill bidding, users face serious consequences, including possible account suspension or permanent removal from the Silky Road marketplace.
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