Post
Topic
Board Legal
Re: Criminals and Bitcoin
by
Timok Abiodun
on 09/05/2018, 22:50:04 UTC
Law enforcement is concerned that virtual currencies like bitcoin
already known to be used for illegal transactions, including sex and drug trafficking
will play an even bigger crime role as more investors use it as their preferred payment choice.

Digital or virtual currency, often referred to as cryptocurrency,
is not regulated by any central authority or government.
Although local entrepreneurs say cryptocurrency has many legitimate uses,
the speed and relative secrecy of the transactions have also been known to attract criminals.