Dave Jevans, CEO of the blockchain security company CipherTrace was qualified by a Canadian court as an expert on Bitcoin. These experts can help testify or support a legal team to help attorneys understand how crypto works. I think this is great to help catch those who are moving mass amounts of money, narcotics or anything else that would put other people in danger.
What is wrong in moving mass amounts of money unless there is an illegal intent, this is nothing exceptional, if there is a technology that the court needs assistance they usually turns to these experts to prove the case and explain to the judge so that he could understand the evidence provided. We had some high profile cases in the past and i am sure there were experts helping them with the case during the prosecution.
I agree. I don't think it's an issue to move mass amounts of money but I do think moving amounts that are extremely suspicious then this type of behavior should be flagged. We need to figure out as a community how we are going to handle these types of situations. Do we just let them happen or do we hire cyber security firms like ciphertrace to assist?
For some obvious kind of illegal or suspicious transactions then hiring or asking for help for those Experts would really be needed but i would say that
These kind of cases is just only a dust to those transactions that do happen illegally out there.They might able to resolve maybe 1-2 case but we don't know actually on
what are the numbers when it comes to these transactions.Yes, making big transactions isn't wrong but you cant avoid for the community not to have an eye
into those big amount movements.