Topic: Law enforcement has a massive problem with these 3 cryptocurrencies (Read 104 times)
February 28, 2018, 10:25:05 AM
As the public and regulators and the like focus on the big 3 privacy coins, I believe savvy investors will be the ones getting into the good low market cap privacy coins.
February 28, 2018, 08:38:19 AM
Quote
Both men also emphasised that no cryptocurrency is inherently criminal, but are tools which can be used for ill, and these three seem especially prone to it.
And the endless battle for privacy continues, a battle fought over a number of battlefields at the same time. This specific battlefield is focussed on users wanting privacy
on their digital transactions in a digital era, another battlefield for example is users wanting privacy on their phones and in their apps through encryption.
Privacy will always clash with those that try to diminish it or want to control it.
February 28, 2018, 08:18:49 AM
This could be a possibility, only as a part of the deal with Circle as Poloniex wouldn't just delist three big coins which have been doing pretty decent over the years. Trade volumes are also considerably large and they wouldn't want to be missing out on the profit they make on fees.
Apparently Poloniex was in the SEC's crosshairs and they only agreed not to take action when they were assured by Circle that Poloniex would file for regulatory approval. See
https://www.reddit.com/r/BitcoinMarkets/comments/80pz71/leaked_sec_agreed_not_to_pursue_enforcement/
As part of that approval, they may delist coins that can't be tracked, and list some others that can.
If I were the developers on Monero, Zcash and Dash, I'd be rushing to get listed on the decentralised exchanges, just in case.
February 28, 2018, 08:09:11 AM
In order to make such statements it is necessary to show the facts. No one shows specific examples when criminals use for the crimes of cryptocurrency. I am sure that this application was paid for by the bankers. I wouldn't be surprised if someone wanted to dump those coins and paid him for the fake.
February 28, 2018, 08:02:58 AM
Quote
Police cryptocurrency experts at Europol and London's Met Police told Business Insider that a subset of cryptocurrencies are associated with criminality.
Monero, zcash and dash have all raised flags.
These three currencies have extra privacy features which can frustrate investigations.
Exchanges which deal in these currencies are also less likely to cooperate with law enforcement.
Monero, zcash and dash have all raised flags.
These three currencies have extra privacy features which can frustrate investigations.
Exchanges which deal in these currencies are also less likely to cooperate with law enforcement.
What sort of investigations do the authorities think they'll be able to carry on? Let's not forget the fact that infamous deep web black markets like Silk Road used Bitcoin as its major payment option and I'm sure none of the these transactions were traced back to find the trading parties, even with the right set of resources available at investigators' disposal.
I wonder if we'll see exchanges like Poloniex drop Monero and Dash, as part of their deal with Circle?
This could be a possibility, only as a part of the deal with Circle as Poloniex wouldn't just delist three big coins which have been doing pretty decent over the years. Trade volumes are also considerably large and they wouldn't want to be missing out on the profit they make on fees.
February 28, 2018, 07:44:42 AM
http://uk.businessinsider.com/law-enforcement-problems-with-monero-zcash-dash-cryptocurrencies-2018-2?r=US&IR=T
I wonder if we'll see exchanges like Poloniex drop Monero and Dash, as part of their deal with Circle?
Quote
Police cryptocurrency experts at Europol and London's Met Police told Business Insider that a subset of cryptocurrencies are associated with criminality.
Monero, zcash and dash have all raised flags.
These three currencies have extra privacy features which can frustrate investigations.
Exchanges which deal in these currencies are also less likely to cooperate with law enforcement.
Monero, zcash and dash have all raised flags.
These three currencies have extra privacy features which can frustrate investigations.
Exchanges which deal in these currencies are also less likely to cooperate with law enforcement.
I wonder if we'll see exchanges like Poloniex drop Monero and Dash, as part of their deal with Circle?
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