FBI’s 130 Crypto-Related Cases
The Federal Bureau of Investigation (FBI) allegedly”has 130 cases tied to cryptocurrencies,” based on Supervisory Special Agent Kyle Armstrong. Speaking in the Crypto Evolved conference Wednesday in New York, he was quoted by Bloomberg:
The instances’threat tagged’ to virtual monies encompass crimes like illegal drug sales, human trafficking, kidnapping and ransomware attacks.
Armstrong is in charge the publication noted.
While acknowledging that his agency”takes a neutral view on digital tokens, he noted several pros and cons,” the news outlet conveyed and lent him explaining that the FBI has noticed a rise in illegal activity facilitated by cryptocurrency payments. “There are hundreds and hundreds of cases in the agency, so it’s a small sliver at this time,” he elaborated and internet bitcoin casino review.
Crypto Use on the Dark Web
According to Armstrong,”the opioid epidemic” is now a focus of the FBI as the agency sees”a surge in drug misuse,” enabled from the dark web. Moreover, he claimed that the bureau has also”seen a substantial rise in extortion schemes linked to virtual currencies on the southwest border of the U.S.”
In its budget request for Fiscal Year 2018, the FBI asked for”80 positions and $21.6 million” to improve its investigative technology to fight cybercrime. The agency mentioned,”Some of our criminal investigators face the challenge of identifying online pedophiles who hide their identities and offenses behind layers of anonymizing technology, or drug traffickers who use virtual currencies to obscure their trades.”
On Monday, the House of Representatives passed a bill to help prevent the use of cryptocurrencies such as bitcoin, dash, zcash, and monerobest casino bitcoin bonus best casino bitcoin bonuses This bill soon follows a testimony by a high-ranking official of the U.S. Secret Service prior to the House of Representatives Financial Services Subcommittee on Terrorism and Illicit Finance. He asked Congress for help in preventing the illegal use of cryptocurrencies.
What’s more, the U.S. Department of Justice announced Tuesday that it has captured”almost 2,000 bitcoins and other cryptocurrencies, with an approximate value of more than $20 million,” in a nationally undercover operation targeting darknet sellers.
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Source: bitcoincasinoreview.info
