Haha, what is this?
"Prostitution, drug sales, child pornography trades." - your telling me this is what BTC is being used for nowadays? I highly doubt this is what BTC is being used for, especially the last one. If they where going to such disgusting tasks, I'd imagine they'd be using a privacy coin.
CipherTrace Scout’s rollout comes alongside a spike in street-level cryptocurrency use.
Bohn said law enforcement partners reported a surge in low-level uses cases: prostitution, drug sales, child pornography trades.
Street-level child pornography trades? Is that seriously a thing? I'd love to see the statistics behind these statements. Prostitutes and street drug dealers accepting bitcoins would actually be pretty cool.
“You can imagine some beat cop in a high risk area, literally finding something that appears to be tainted,” Barragan said. “He can share a case with an analyst at headquarters and that analyst could do the tracing very quickly to determine where the source of the funds were.”
A beat cop in a high crime area stumbling onto a bitcoin wallet or master pubkey? How likely is that?
I would be pretty interesting, but not sure about how legitimate all of this is... Imagine hiring a prostitute and then asking for her BTC address after, that'll be hilarious it it's true. The 2nd quote makes the entire article even more of a joke, how would corrupt cops stumble across an open BTC wallet, or a private key, or a pubkey?
Sound like the media spewing shit again :p
