Cryptocurrencies as facilitators of cybercrime

Cryptocurrencies as facilitators of cybercrime

Blog Article

The aim of the article is to show cryptocurrencies as facilitators of crime, especially cybercrime.While investing in cryptocurrencies is publicly discussed, their role in the criminal world is more hidden from the public, Heavy Duty however, causes a lot of problems for law enforcement and regulatory authorities around the world.Criminals are interested in cryptocurrencies as targets for of their attacks, means of payment and as a method of money laundering.

In this article, we discuss why cryptocurrencies have become a means of payment for the criminal underworld, what benefits they have from them, and what major challenges law enforcement is facing in that regard.The survey was conducted based on reports from authorities involved in the prosecution of cybercrime.We can conclude that the organized criminal underworld has a strong interest in cryptocurrencies and their popularity among ordinary, honest citizens, as in this way it is much easier for the criminals to conceal their activities and the Radio origin of their assets.