https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities.
This just shows that as bitcoin develops both advantages and disadvantages will tag along.
Does this means there was lesser crime when we had cash transactions? Its just creating some negative buzz for bitcoin. There are always two types of people in the world. One who use an investion as a virtue while other use it as a vice. So better be the one who you use it as a virtue. There is just one flaw in bitcoin which is its anonymity which gives rise to such suspicious activities.
LONG time ago 20 years even when bitcoin was not invented cybercrimes in uk was highest!! billions and billions losses even more ,guess so much no-one even have not counted the actual losses!! and there was no bitcoins used at all...only pure cash !
and yes partly its correct since a lot illegal money been loundered in uk specially london...but its only speculation..
and no-one really knows what money and purpose its for only court can find out ,and it is not our right to judge anyone~!