[2019-07-05] This Bitcoin money-laundering cartel was operating inside a prison - page 2.

dunfida

legendary

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Quote from: Vishnu.Reang on July 05, 2019, 11:40:43 AM

Quote from: ?? on ??

This will happen over and over again , but think about how many of these operations a day is carried out with fiat

The mainstream media still want to paint Bitcoin as a currency of the scamsters and criminals, although the latest data indicates that usage of Bitcoin for illegal purposes have come down from 7% in 2013 to less than 1% in 2019. 99% of the Bitcoin transactions are being used for legal purposes and the mainstream media never highlights it.

No they wont,you know media really sucks big time so there's no hope for these fellas.

Quote from: bbc.reporter on July 04, 2019, 10:34:12 PM

This might be a clickbait article, the offenders mentioned does not appear to be a cartel hehe. However, it reveals that it is not hard to use cryptocoins for money laundering, which strengthens my argument that there is a highly advanced global money laundering ring utilizing the cryptospace.

We cant conclude yet but having that anonymous thing feature of crypto then there no doubt regarding into this matter.Just leave it and dont mind too much because
even fiat already done much more bigger.

Vishnu.Reang

sr. member

Activity: 1974

Merit: 453

Quote from: ?? on ??

This will happen over and over again , but think about how many of these operations a day is carried out with fiat

The mainstream media still want to paint Bitcoin as a currency of the scamsters and criminals, although the latest data indicates that usage of Bitcoin for illegal purposes have come down from 7% in 2013 to less than 1% in 2019. 99% of the Bitcoin transactions are being used for legal purposes and the mainstream media never highlights it.

bbc.reporter

legendary

Activity: 2926

Merit: 1440

This might be a clickbait article, the offenders mentioned does not appear to be a cartel hehe. However, it reveals that it is not hard to use cryptocoins for money laundering, which strengthens my argument that there is a highly advanced global money laundering ring utilizing the cryptospace.

Authorities in Florida have busted an elaborate operation which saw prison inmates use Bitcoin BTC to launder thousands of dollars via their commissary accounts.

An investigation by Pasco County Sherriff’s Deputies revealed how inmates at the county jail were having money deposited into their commissary accounts using stolen credit cards.

“These identities that were compromised by an unknown mean [sic], were purchased via the dark web through Bitcoin,” said Detective Anthony Cardillo.

Read in full https://thenextweb.com/hardfork/2019/07/04/this-bitcoin-money-laundering-cartel-was-operating-from-inside-a-florida-prison/

Topic: [2019-07-05] This Bitcoin money-laundering cartel was operating inside a prison - page 2. (Read 358 times)