What is cryptocurrency crime?

“Cryptocurrency crime with this innovation and broader adoption, therefore, looks a lot like it does today: a mix of theft, blackmail ransoms, and laundering, albeit at a much larger scale ,” he concluded.

How is the US tackling cryptocurrency fraud?

Then, in July, US President Donald Trump signed an executive order creating a task force that would in part focus on developing cryptocurrency fraud investigations. The European Union Agency for Law Enforcement Cooperation (EUROPOL) is also working to keep cryptocurrency criminals at bay.

What is the largest cryptocurrency forfeiture ever filed?

Miami, FL — In one of the largest cryptocurrency forfeiture actions ever filed by the United States, federal prosecutors in the Southern District of Florida successfully forfeited approximately $34 million worth of cryptocurrency tied to illegal Dark Web activity.

What is the government's criminal complaint against bitcoin?

They cite a nine-page opinion from a federal judge approving the government's criminal complaint against an American "accused of transmitting more than $10 million worth of bitcoin to a virtual currency exchange in one of a handful of countries comprehensively sanctioned by the U.S. government: Cuba, Iran, North Korea, Syria or Russia.