Topic: Bitcoin Are Now Used in Crimes - page 9. (Read 13102 times)
Yeah bitcoin transaction are based with peer to peer (p2p) thats why no one can identify who made the transaction and who get the btc.but it is not a fault of bitcoin or cryptocurrency that is the technology if bitcoin haven't exsistence they doing criminal activities by using another method
Yes I do agree,they are using bitcoin in crimes like scamming people nowadays. They are using Bitcoin as front for an investment scheme making the investor believe that they are going to get profits from investing in bitcoin. Its making bitcoin a bad image to everyone.
Yes, some of the people use Bitcoin to conduct their criminal activities, because they can make their transactions without any identification
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
Actually in america there is a person that can be called one of the most wanted there. He buy and sell drugs and weapons all over the world using bitcoins which is scary because there are people like him who take advantages pf bitcoins. These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
Yea i heard so too. Especially in money laundering.
They have already made it visible with Ponzi schemes,silk road etc !
The transactions are non-traceable,irreversible and the anonymity here is 100% so a great gain for the crime activities,so there should be a little control over it !
The transactions are non-traceable,irreversible and the anonymity here is 100% so a great gain for the crime activities,so there should be a little control over it !
I think now only now but even before. It is the easiest way for them to perform because they cant be traced. One thing also is, it very dangerous to trust anyone who offer bitcoin for something, you can be scammed anytime if you are not careful. A lot of bad things people do usIng bitcoin but i hope bitcoin does good more than bad.
I won't be shock that criminals and/syndicates use Bitcoin as a form payment. Due to the reason that the industry is decentralized, These people use it as an advantage to transact freely under the radar of the Government. Also due to the anonimity of the user it maximizes the reach of the syndicates/criminals.
Bitcoin transactions are not traceable, no identity is needed. That is why it is convenient for big crime groups to use bitcoin for their transactions because it is safer for them to send or receive money through cryptocurrency.
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
Of course it is used in crime but in my opinion it doesn't say nothing because in the and if its not bitcoin it is something else.These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
also cash used in crime.
Its not now..they have been used even in the past.its just that the technology is new everyday.
If its a new post then this Iam surprised,how come BITCOINS are used in crimes,they have been used since long as I have seen lots of news about the same infact SILK case is of the same.So I wish and pray that BITCOIN goes only in the nicest and ethical way !
The truth is that some people now used bitcoin to pay hitmen and execute one nefarious activity or the other. But it's not supposed to be so, there should be checks to put it to a stop else it will pull the crypto vision down!
Bitcoins are used for crimes I've visited the deep web before, and you can buy tons of stuff using Bitcoin there, because using Bitcoin is a perfect way to hide your identity. That's also one of the reasons why the value of it sky rocketed in just a year. People are using this stuff for illegal purposes.
Bitcoin is getting more and more famous, certainly, criminals hear and find out what Bitcoin is, and they definitely use Bitcoin to launch their action.
I don't know why people are always so negative about bitcoin, saying negative stuff about bitcoin all the time. Bitcoin is a currency just like USD but even better because it digital currency that is fast, secure and decentralized. With bitcoin you can buy almost everything these days.
That is true! People only see the one side of it, which is unfortunately true that there are really criminals who are using illegal transactions using bitcoin. However, they don't put into perspective that all of the things which have value just like the fiat money are subject to be used by any criminals.
Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar. Soon we will see more ways people can squeeze the most out of bitcoins. Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet. Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage. Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening. Actually, the US has already cases on this matter.
Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.
Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.
we all know in the world have enjoyable and bad effect. But it depend on the devotee that how the fan can use bitcoin. Bitcoin is a portion and if the enthusiast used it for something goods subsequently it is best for him and plus for group and if the user used. It for bad thing taking into account criminals etc subsequently it's bad for society and bitcoin behind as well as.
I don't know why people are always so negative about bitcoin, saying negative stuff about bitcoin all the time. Bitcoin is a currency just like USD but even better because it digital currency that is fast, secure and decentralized. With bitcoin you can buy almost everything these days.
Yea! It's right that bitcoin now use in crime and also money laundering. Everything have a good side and bad side. Most of the bitcoin users are good and it's a safe work. Good and bad all depend on you. So, be careful about use bitcoin or any online currency purchase.
Money laundering is a crime that has been done for a long time. In fact, the small island countries were used to money laundering. With the release of Bitcoin this has not changed, still small island countries are being used to Money laundering. Bitcoin could only have been a tool.
crime until whenever there will always be, with various modes ,,
but there's always a way to overcome it
about bitcoin in use as a crime tool that could happen at this time but we must be able to minimize there must be action or policy from every government so that crime can be overcome
but there's always a way to overcome it
about bitcoin in use as a crime tool that could happen at this time but we must be able to minimize there must be action or policy from every government so that crime can be overcome
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