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Topic: 2012-05-11 americanbanker.com The Week in Security (Bitcoin's Bad Side) (Read 931 times)

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Bitcoin mentioned in AmericanBanker's  'The Week in Security' slideshow

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The Week in Security
Google places a price on glitches and Bitcoin makes enemies in law enforcement in the major security stories of the week through May 11.

2012-05-11

http://www.americanbanker.com/resource-center/?id=1049247

Bitcoin's Bad Side
The digital currency Bitcoin behaves like cash; transactions using Bitcoin are anonymous and irreversible. The FBI is concerned that these qualities are attracting money launderers and other criminals to use Bitcoin. At least one website uses Bitcoin to accept payments for illegal narcotics.
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