Blockchain Alliance To Combat Criminal Activity

Blockchain Alliance To Combat Criminal Activity

A public-private initiative named the "Blockchain Alliance" has been formed with the aim to tackle criminal activities with regards to blockchain and Bitcoin. The Blockchain Alliance is a nonprofit organization and has been made by the Chamber of Digital Commerce and Coin Center and comprises of many companies and institutions such as the MIT Media Lab's Digital Currency Initiative and developer Gavin Andresen, BitFinex, besides several others. All of them have joined hands to address the concerns about the Bitcoin and the blockchain. It has been decided that Jason Weinstein will be the....


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Prominent Bitcoin Industry Players Form 'Blockchain Alliance' to Combat Criminal Activity

A group of prominent Bitcoin companies and individuals under leadership of the Chamber of Digital Commerce and Coin Center have formed the Blockchain Alliance, a Washington D. C. -based nonprofit that will serve as a resource for law enforcement to help combat criminal activity involving bitcoin and the blockchain. The Blockchain Alliance is so far engaged with the Department of Justice (including the FBI and the U. S. Marshals Service), the U. S. Secret Service, Immigration and Customs Enforcement, Homeland Security Investigations and the Commodity Futures Trading Commission. The....

Bruce Fenton: Blockchain Alliance is a Profoundly Bad Idea

It was announced earlier this week that a significant group of prominent Bitcoin companies, individuals and institutions have united in a "Blockchain Alliance." This alliance will serve as a resource for law enforcement to help combat criminal activity involving bitcoin and the blockchain, and has so far engaged with the Department of Justice (including the FBI and the U. S. Marshals Service), the U. S. Secret Service, Immigration and Customs Enforcement, Homeland Security Investigations and the Commodity Futures Trading Commission. However, the Blockchain Alliance was not welcomed by the....

Bitcoin Collective to Aid Law Enforcement with The Blockchain Alliance

A coming together of prominent Bitcoin companies and organizations along with several law enforcement agencies and communities has resulted in the formation of the Blockchain Alliance, a nonprofit that, among other things, will help as a resourceful partner for law enforcement to aid against bitcoin- and block chain-based criminal activities. A new forum called the Blockchain Alliance has been established to help bridge and inculcate communication and understanding of bitcoin and block chain technology between law enforcement; agencies and prominent players in the bitcoin industry.....

The Blockchain Alliance - Crime Fighters of the Bitcoin World

Art of War 101 - Form an alliance when you can't single-handedly take on your enemy. On the similar lines Bitcoin 101 includes few points about safety and security. Mix both of them in different proportions and now we have Blockchain Alliance. Blockchain Alliance is a partnership between bitcoin industry and law enforcement agencies in the United States. It is a win-win partnership where law enforcement agents and the agents of the bitcoin industry will both get to do what they are good at. That is, fighting crime and cleaning up the negative image of bitcoin to increase its popularity in....

Governments Seize the Opportunity to Control Bitcoin

With the recent announcement of the Blockchain Alliance “A Public-Private Forum to Help Combat Criminal Activity on the Blockchain” founded by Coin Center and the Chamber of Digital Commerce, CoinTelegraph highlights some recent events overlooked by the Bitcoin industry that immediately precipitated the announcement including an FBI “playbook” and European seizure survey. Ever since Let’s Talk Bitcoin broke the story in June 2013 that the DEA (Drug Enforcement Agency) seized 11.02 bitcoin from a bitcoin user, the internet has been aflutter what exactly it means to seize bitcoin and the....

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