Post
Topic
Board Bitcoin Discussion
Re: Early signs of crime with bitcoin.
by
kryptqnick
on 23/12/2020, 18:27:16 UTC
When the world is gradually accepting bitcoin, the already made bitcoiners are using those little opportunity to commit various crimes with bitcoin.
  A Russian was sentenced to French prison for bitcoin laundering.
 Source : https://apnews.com/article/cryptocurrency-paris-money-laundering-bitcoin-russia-61b5109e954f494b80d51c452b3b18e2
It is also said that this is not his first crime using crypto currency.
 This are one of the reasons crypto is still rejected .
 What are your thoughts on these?.
 

I'm proud of France in this situation. In my country, even people who launder lots of fiat don't get sentenced to anything usually (because of high levels of corruption), let alone a crypto one! I'm glad that scam of any sort is taken seriously. However, I do share the concerns of others that Bitcoin fraud should be treated the same as fiat fraud and the type of money has nothing to do with the crimes committed and shouldn't lead to some reputation issues of the currency. It's the crime that is bad, not the type of money used to commit it.