Bitcoin Are Now Used in Crimes

[salinizm]

Of course bitcoin is used by some criminalls because Cyrptocurrencies cannot be traced and they are decentarlized. Because of these situations, terrorist organisations use bitcoin in their horrible attacks.

[cleygaux]

Actually there is no problem that bitcoin used in many crimes because its money after all and we all know all kinds of money like fiat or any currencies can be used by criminals if they want so whats the big deal? Some said that they used bitcoin in crimes because its untraceable but its actually not, blockchain transactions can be traced if you're committing crime using bitcoins. 

[lighpulsar07]

All the fiat currencies are used for criminal activities for drug dealings, money laundering and duplicating money so no one can blame bitcoin technology, in other words it is tougher to do criminal activities with bitcoin than traditional currencies as the bitcoin network is on the mark of police investigation after the wannacry ransomware attack worldwide. Duplication of bitcoin is not possible unlike traditional currencies.

well indeed all fiat currencies can be used for illegal activities but remember that the govermement can control fiat currenies in form of banks but in case of bitcoin which is decentralized and the transactions are irreversible bitcoin can be a way to commit crimes without getting caught by the government easily

[daserpent]

This is really dangerous. How smart criminal people are, that they use bitcoin for crimes. It is sad to say that there are people like this, bitcoin is a greatest thing that you can have, why they are using it in crime, or maybe they are uaing it to buy drugs, which is possible. Well, now I get it why government are not in favor of bitcoin, because it is untraceable. If there will be a solution for this, hopefully there is, it will help the community of bitcoin, to avoid this things which is not good for us. Maybe, one day, if it crimes using bitcoin becomes worst, there's a big a chance that bitcoin will be banned worldwide, but I'm praying for it not to happen. Bitcoin already helped many of us, and may it continue helping us for many years that will come.

[ethereumhunter]

i think bitcoin is used in crimes for few years ago because its easy to them to make transfer in bitcoin than using the money and they should not worried with anything that will happen. i remembered a movie title "hacker" (if i am not wrong) and in that movie, i see the bitcoin is transfered to other people and imagine maybe its like that when someone is using bitcoin for any of crimes. and maybe in out there too many crimes like drugs, gun and many other is using bitcoin too for the payment.

[castiel0504]

Its not only Bitcoin, there are other currencies more anonymous then Bitcoin, like Monero for example, since there is no public "ledger" or block chain. Block chain transaction is only visible for people that send money and for that transaction. But Monero has long way to go until becomes Bitcoin(i dont think that will ever happens, since BTC is FOUNDING FATHER)

[martina14]

i believe so! this may use with drug dealing, hitman for hire and some transactions that need no evidence in payment. most politiicians that are corrupt can make bitcoin as their bank too !

[Astvile]

bitcoin were used in crimes even in the old days. it has been the currency in the dark web pioneering the silk road in 2011. it is used to buy drugs, hire asssins and stuff that are illegal.

[Harlot]

I don't think that it is a new thing anymore, Bitcoin's price was jump started by these kinds of illegal activities hence it was link as some sort of "drug money" in the past where Bitcoin is the main medium of exchange for buying and selling of drugs online in the dark web. The price right now is irrelevant as even before it was priced below 100$ Bitcoin is being used in drugs and hyips. Right now the prices are rising making it more attractive for criminals to hunt their prey online.

[rumexx]

The Bitcoin team shall surely take note of this nefarious attitude of some BTC users and will do something to checkmate them. I know it is possible to use Bitcoin for crimes.   

[owengtam09]

Using bitcoin wallet has also a transaction record/history. We can also see their transaction with other people especially when it is also connected with their facebook account. Unless they uses their spare account for crime and don't put their real identity.

[ukboss]

We told that Bitcoin used in Crimes but it is not a bitcoin fault. Do you thing we can't any blame with any knife because knife used man and those man kill other man with knife so we can't blame knife because Dr use knife for a good work if some one used for crimes it is a very bad for those people who used bitcoin in crimes. I Thing in a short time Bitcoin will be a track and government got his tax .

[CoinChili]

its not only now, it has been used already on its early days and guess what Fiats are also used in crimes, governments officials used fiats to do crime and illegal activities.

[yugyug]

Once a criminal always a criminal, by any means any stuff can be used in exchange for a crime, drugs, sex trade. Bitcoin was a new fad for criminal thats why many people think that bitcoin are used by criminal, and i oppose that idea, even pretty girls can be used as crimes. Not just bitcoin but in any form of crypto currency can be used as crimes. Criminal will always find a way on how to make deals in any form of exchange.

[Hamstead]

It could be possible because of its anonymity of bitcoin holders and it can be easily to used without any trace where it goes. If it happens that bitcoin will be accepted by any establishment, that would be a huge potentials of being used in any crime activities.

[bitbunnny]

This is nothing new. Actualy I would say that Bitcoin was used in criminal activities from the begininig because of the anonimity. Recently I think that is used less because there are some tools available to track transactions and even identify the users that wasn't able before.Just because that reason Bitcoin is beeing replaced by Monero in dark markets.
Anyway, using Bitcoin for illegal activities gave him the bad reputation as a money for criminal activities which is absolutely not true.

[sukoon]

bitcoin, are increasingly being used by serious and organised crime groups as they are a form of currency that can be sold anonymously online

[synapsisxxx]

Well people were paid in cash for crimes too, bitcoin is just another currency. And why now, BTC rose with the darknet markets that sold guns and provided what all services. Still provide I think

[Fasdartin]

Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar.   Soon we will see more ways people can squeeze the most out of bitcoins.   Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.  

These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet.  Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage.  Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening.  Actually, the US has already cases on this matter.

Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.

Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.

its sad to think but it is true, i made some research about the article in the crime and in the bitcoin they mistaken the used of bitcoin. due to fact that the bitcoin user is protected by the anonimity of currency they do what they want even though its bad or good. and i have one site that the criminals using bitcoin for the buying of illegal drugs, illegal trafficking, illegal fire arms and in the worst case scenario bitcoin is using to killing the people torture it or hire a killer. it can affect the image of bitcoin for those who don't know about the bitcoin.

[hastag_80]

Bitcoins has regained its strong value, As of this posting, the value per 1 bitcoin is exactly 4786.59 US Dollar.   Soon we will see more ways people can squeeze the most out of bitcoins.   Since the advent of the internet to be profit oriented in the 90's, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.  

These opportunities have the unrighteous users of this cryptocurrencies to also used its advantage. We cannot deny for a fact that cyber crimes have been committed since the birth of the internet.  Once, stealing was done with having guns, now, robbers can easily hack bank accounts or counterfeit credit cards to their advantage.  Sooner, cryptocurrencies can be used to pay crimes such as services for creating counterfeit birth certificates and this is not far from happening.  Actually, the US has already cases on this matter.

Another is the crime of buying illegal-drug emporium that used Bitcoin as a medium of exchange, politicians and policymakers took notice. Criminals, it turns out, really like bitcoins, which can be exchanged for nefarious purposes on the "Dark Web," with complete anonymity and, it seems, impunity.

Although, there are some articles that i have read regarding criminals cannot hide behind bitcoins, still, there are difficulties tracing transactions using cryptocurrencies. That is why law enforcement agencies should have a to change their procedures to pursue criminals who make use of the latest technology to commit crimes. Let the law find a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on this new cybercrime.

All i can say that maybe yes or maybe no that bitcoin can use in any kind of crimes like hacking system,drugs,syndicate ,trafficking etc.we have no more evidence to proof that  it is used.for as now only i know that bitcoin is used for business and help the country to improve the economy and to help the people there way of living to have  a investment for the future.