
Only 10% of cryptocurrencies are performed for criminal purposes (5 years ago there were 90%).
A study of the US Drug Control Office could become a useful upgrade of knowledge of Russian regional prosecutors, which often argue the ban on bitcoin sites by the fact that allegedly cryptocurrencies are used for criminal purposes.
The use of bitcoin in criminal activity decreased from 90% to 10%, this conclusion was taken by the US Drug Control Office (DEA), which has analyzed cryptocurrency transactions over the past five years. The Lilita Infante Special Agricultural Agency in a conversation with reporters said that most operations with digital money are conducting speculators.
She added that Blockchain technology in recent years has been used by American law enforcement agencies to identify citizens in the fight against money laundering and drug distribution:
“Blockchain gives us tools for identifying people. In fact, I would like the criminals to continue to use it. ”
The DEA agent noted that activity in black markets continues to grow, as well as the volume of criminal transactions.
Recall that when blocking bitcoin sites, Russian prosecutors often use the same technique-they refer to the fact that cryptocurrencies are allegedly used to finance terrorism, dissemination of drugs, money laundering and for other criminal purposes. The head of the legal practice of Roskomvoboda, Sarkis Darbinyan, last fall, claimed that “the prosecutors have no only evidence of the illegality of cryptocurrencies,” therefore, statements about the need to block the relevant sites due to the potential unlawful of cryptocurrencies do not withstand any criticism. We hope that the latest study of American drug fighters will make a significant upgrade in the knowledge of Russian prosecutors regarding cryptocurrencies, and the persecution of bitcoin sites will at least slightly reduce the momentum.
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