Mazda3 Posted August 10, 2018 #1 Posted August 10, 2018 Crypto-currency enthusiasts have long argued that it is unfair to characterize Bitcoin as a safe haven for drug dealers and money launderers. Now, thanks to the statement of the US Agency for Drug Control (DEA), they have a counterargument to defend their position. In an interview for Bloomberg, DEA special agent Lilita Infante provided data according to which the share of transactions of the first crypto currency in the criminal economy is only 10%, compared to a maximum of 90 percent in the Silk Road era (2013). However, such indicators do not mean that crypto currencies began to use less criminals to finance their illegal activities. Infante noted that the volume of criminal operations "increased significantly," but Bitcoin's participation in them quickly declined as the first crypto currency matured into the main asset class. According to her, illegal activity was replaced by another precedent - speculation. "Over the past few years, the volume of the shadow market has grown rapidly, the number of related transactions has increased, but Bitcoin's share in them has declined," Infante says to the publication. "Most transactions are used for speculation at its own price." In the interview, Infante also noted that law enforcement agencies can analyze the data of the detachment to track criminal activities. "Blockblade actually gives us a lot of tools to identify users," she said. "I really want people to continue using crypto-currencies" Infante added that anonymous crypto-currencies such as Monero and Zcash may be attractive alternatives, but they are now too small and illiquid to become a viable payment tool for criminals. She also noted that the DEA agents "know the tracking methods" of these transactions, although they did not elaborate on these methods. A source: https://www.ccn.com/dea-criminal-activities-account-for-just-10-percent-of-bitcoin-transactions/
Kate Posted August 10, 2018 #2 Posted August 10, 2018 Well btc was mainly used for anonymous things so I guess this is a good thing that criminals no longer like it and stop using it so btc is liked by every government
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