Btc crime

[Zlantann]

If a criminal uses bitcoin that doesn't mean bitcoin is bad.  So many criminals around the world have the fiat currency in doing fraud in so many ways. If bad people use cryptocurrency for their own gain it does not make bitcoin bad. Scammers works with everything for their own gain.

In these few days we have been hearing unfavorable news about Bitcoin activities. There is also a thread that is discussing how a hacker withdrew some amount of money from a bitcoin ATM. Yes these news are not new because we have always heard of fiat crime and ATM hack, but it is not also helping the acceptance of Bitcoin. We must ensure we improve on the security of Bitcoin operations in order to outsmart these bad eggs that are bent on giving Bitcoin a bad name. I want to also state that there is no BTC crime. No crime is tailored to be specifically carried-out using Bitcoin. What we experience are criminals using Bitcoin to carry out their evil plans.     

[BobK71]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

This is a criminal activity that can be done with any currency or fiat money, not just Bitcoin. This is where criminals can take advantage of using Bitcoin to remain anonymous. So don't look for negative aspects of Bitcoin for a few isolated incidents. Rather, we need to look at the positive things of bitcoin.

[Adbitco]

Majority of people do not learn how to work earn bitcoin but they work to gain knowledge using it as a means of theft and hacking people, they hack using cryptocurrencies and or bitcoin. Clicking the article link above doesn't narrates they stole through Bitcoin. This funds stole was  set for "Grant on businesses affected by Covid-19".
I think more security question is needed when or transacting with bitcoin or crypto's to determined whether it is from the real user or not. Nowadays series of stories showcasing how people kept alarming of theft and hack which most commonly in all nation.

Please OP maybe when posting such information try including the source for individual to read get full expression on the events and how it goes your story doesn't fully explain how it goes if not people sourcing out how it happened.

[Nrcewker]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

Why are you constantly focusing on the negative parts?
I mean each and every coin has two faces. Similarly Bitcoins also. If you can use it for a noble cause, then it’s alright, but when you guys heard about Bitcoins involving in any criminal activity, then you start hating.
Nevertheless it’s great to hear that the criminal got arrested. He just wanted to use his brain and convert all the FIAT to BTC, and wanted to take the advantage of the decentralised nature of the coin.

[MinoRaiola]

Wherever there is money, there is also crime. That has always been the case in revolutionary. The greed of the people is the the problem. It drives one to a criminal action. So it's not just Bitcoin, it's everything else: Money, food, business deals, cars, houses, services and everywhere else where you deal with money. So criminal acts with "normal" money will happen much more, as it happens with bitcoin. The reason: bitcoin is used by less than 1% of all people in the world, so it doesn't happen so often.

[masterrex]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

I think it regularly happens anywhere else in the world not just on crypto but also in fiat, so why this is big news when it's not new already, I believe crypto is just a very limited avenue to laundered money because not every country and territory are accepting crypto while on fiat it's widely accepted and available I believe this news was only sensationalized to paint crypto industry, particularly Bitcoin a bad image. 

[Bitstar_coin]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

Through crypto does not exactly specify it is btc, could be other crypto as well, although you did not exactly provide the source link so i would presume btc was the crypto use for the money laundry. Money laundry is a crime that has been around even before the existent of btc and crypto, it is not something that suddenly occur since the emergence of btc.
This is not peculiar to btc or crypto, money launderers can use either fiat or digital currency to carry out their crime, it is a choice they made and not because they are compelled to do so, there are many positive aspect of crypto to embrace, it should not be the negative aspect. 

[Kelvinid]

Wherever there is money, there is also crime. That has always been the case in revolutionary. The greed of the people is the the problem. It drives one to a criminal action. So it's not just Bitcoin, it's everything else: Money, food, business deals, cars, houses, services and everywhere else where you deal with money. So criminal acts with "normal" money will happen much more, as it happens with bitcoin. The reason: bitcoin is used by less than 1% of all people in the world, so it doesn't happen so often.

And whether we like it or not, this kind of criminal act has no ending story but expect a continuous doing as these criminals and those who are about to start had felt no worries at all. This was found to be normal this time and much easier for them due to new technologies surrounding us and sad to say that even the law enforcers are already involved with this. Definitely yes, we can't just blame Bitcoin for this as this kind of activities been already exist before this.

[budi691]

never stop news about the crime of Bitcoin, and I have heard and read for the umpteenth time, and I say Bitcoin is only used as a tool for money laundering and the same can happen with paper money,
so Bitcoin is not evil evil is people who use bitcoin for money laundering

[Rigon]

never stop news about the crime of Bitcoin, and I have heard and read for the umpteenth time, and I say Bitcoin is only used as a tool for money laundering and the same can happen with paper money,
so Bitcoin is not evil evil is people who use bitcoin for money laundering

These bitcoins and things will be used wherever you use them. There are many people who use this bitcoin for good work and there are many people who use this bitcoin for evil work.Those who use this Bitcoin for evil purposes also use their country's money for evil purposes.They use bad things to tarnish the reputation of Bitcoin. It is never right. Every thing should be taken advantage of.We always strive to put Bitcoin to good use and will continue to do so in the future.

[Mate2237]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

How is it happened? was it stolen from the owner's wallets or the fiat money which was stole was converted to cryptocurrency? I have not really gotten your point. Money laundry is has old as human himself. If money can be laundry across boarders then cryptocurrency which also money (internet asset) can also be laundry. There is no big different between fiat and crypto when it come to stealing. But the slide different is. Fiat uses police, army and other security personals to secure the save while crypto uses seed phrase to secure their save (wallet). Fiat pays people to secure the save while crypto did not.

[goldkingcoiner]

A criminal using bitcoin as a means of laundering money does not make it a Bitcoin crime. Your title is wrong and misleading.
Criminals have always had means to clean stolen money long before bitcoin was envisioned.

You did not include^[1] an article to the news.

[1] https://news.bitcoin.com/israel-arrests-3-in-crypto-scheme-to-launder-millions-stolen-from-france/

- Jay -

Thank you for your useful contribution. Indeed, using Bitcoin to launder stolen money is not a Bitcoin crime and should not be attributed to Bitcoin. He could have just as well used any other different store of value as a means to an end and would have reached the same result.

We should be careful about putting Bitcoin in a bad light as this will only slow down the rate of Bitcoin adoption and give bankers smiles on their faces.

[ChiBitCTy]

Recently 3 suspects were arrested by Israel police for laundering money internationally through crypto. This money was stolen from France. This is a major international money-laundry.

Okay and? Brand new account coming here to post about this tends to lead others to believe you’re doing so just to try and spread FUD. The fact of the matter is money is laundered all the time via traditional fiat money, and there’s countless of others ways to do so as well.