German Law Enforcement Agencies Shut Down 5 Underground Forums
Five underground economy forums were closed and arrests made by the German Law Enforcement Agencies in the recent days. Bitcoin has gained the notoriety of being the criminal’s currency. The use of bitcoin on the deep web marketplaces like Silk Road since its early days has garnered the public’s interest in the digital currency. In its initial days, bitcoin was considered to be completely anonymous. The assumed anonymity combined with ease of transaction made it a preferred currency for the underground economy. However, it has been proven that the bitcoin transactions are pseudonymous at....
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