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Thursday 26 December 2019

Here’s how law enforcement catches cryptocurrency criminals


When Satoshi Nakamoto first created Bitcoin, they probably had no idea that it would go on to become the dark web’s favorite cryptocurrency — or that it would, in fact, pave the way for other coins that would eventually be used to fulfill other illicit purposes. The links between cryptocurrency and crime have long been documented. Silk Road’s infamous collapse after it was shut down by law enforcement in 2013, for example, highlighted how the technology was being exploited by criminals in the hidden corners of the internet. Criminals use cryptocurrencies such as Bitcoin for various purposes: laundering dirty money,…

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