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Criminals Still Going Crazy for Cryptocurrency

The latest Internet Organized Crime Threat Assessment from Europol, the EU’s law enforcement intelligence agency. Criminals have been able to turn a multitude of technologies and services, including cryptocurrency, to their advantage. The IOCTA report is based on what law enforcement agencies across the 27 EU member states have been seeing in the course of their investigations during the past year. The report counted 10 successful hits against exchanges hosting digital wallets, leading to the loss of 240 million euros ($281 million) in 2019. Buyers and sellers of illicit products and services – firearms, illegal narcotics, and illegal narcotics – typically rely on cryptocurrency.”]

Source: https://www.cuinfosecurity.com/blogs/criminals-still-going-crazy-for-cryptocurrency-p-2955

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