US Prosecutor: Tracking Criminals Taught Me Blockchain Is a Tool for Good
A federal prosecutor has come out in favor of blockchain technology as a tool for good — after years investigating those who use cryptocurrency for criminal activities. Prosecutor: ‘There’s Always A Counterfeit Public Document’. Speaking in an interview with Forbes on Wednesday, prosecutor Kathryn Haun said she understands blockchain technology has real....
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The U.S. Department of Homeland Security (DHS) Science and Technology (S&T) directorate is backing Sandia research with the creation of an analysis tool designed to overcome bitcoin challenges to assist law enforcement. As bitcoin becomes an increasingly accepted form of payment in our day-to-day lives, law enforcement are realizing that they need to utilize innovative approaches that will aid them in their money-laundering and cyber theft investigations. However, their number one priority is to reduce the time spent on tracking illegal operations. According to lead researcher for....
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters.
Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother
A lawyer representing victims of the Onecoin bitcoin Ponzi scheme, Jonathan Levy, has suggested that the criminal scheme’s masterminds may be getting protection from the Bulgarian chief prosecutor, Ivan....
During the Silk Road nvestigation, Haun learned quite a few different things about online crime as well. For the longest time, there is a lot of discussion regarding Bitcoin usage among criminals. Kathryn Haun, the US Federal Prosecutor, recently unveiled how she tries to bring criminal Bitcoin usage to an end. Prosecuting cryptocurrency-related crimes has been proven to be quite a challenge so far, though. Getting in contact with Bitcoin has been quite a journey of discovery for US federal prosecutor Kathryn Haun. Ever since she first got in touch with cryptocurrency, her life has changed....
The investigative department of the tax authorities FIOD stormed into 15 location in the Netherlands to arrest 10 suspects in a fully launched investigation to shut down criminals using Bitcoin to purchase illicit goods over the Dark Web. The FIOD raided addresses in Rotterdam, Zoetermeer, Almere, Dordrecht, Zaandijk, Schiedam, s-Gravenhage and Putten. The authorities already processed the seizure of luxury items including expensive cars, cash, bank accounts and raw materials utilized to manufacture and distribute ecstasy. According to the statement of the prosecutor, an increasing number....
Sandia National Laboratories is working on a blockchain analysis tool that allows law enforcement agencies to track and crack down on illegal Bitcoin transactions. Bitcoin has always been pseudonymous at best. By design, the transparent nature of blockchain enables anyone to access transaction details using block explorers. However, tracking the entire transaction history of any Bitcoin token is a cumbersome task at the moment. A tool currently under development at the Sandia National Laboratories may make it easier to track Bitcoin transactions. Once completed, the tool is expected to....