"News reports indicate that Bitcoins may have been used to help finance the flight and activity of fugitives.
This line is included in the United States House of Representatives' Commerce, Justice, Sicence, and Related Agencies Appropriations Bil', 2014 for the FBI.
I have a question: What news reports? What fugitive's flight? Snowen?? Has this been reported??
[snip]
COMMERCE, JUSTICE, SCIENCE, AND RELATED AGENCIES
APPROPRIATIONS BILL, 2014
llll.—Committed to the Committee of the Whole House on the State of the
Union and ordered to be printed
Mr. WOLF, from the Committee on Appropriations,
submitted the following
R E P O R T
The Committee on Appropriations submits the following report in
explanation of the accompanying bill making appropriations for
Commerce, Justice, Science, and related agencies for the fiscal year
ending September 30, 2014, and for other purposes.
[snip]
FEDERAL BUREAU OF INVESTIGATION
SALARIES AND EXPENSES
The Committee recommends $8,042,000,000 for the Salaries and
Expenses account of the Federal Bureau of Investigation (FBI),
which is $10,626,000 above fiscal year 2013 and $319,687,000
below the request. The Committee has provided separate funding
recommendations by decision unit as follows:
Intelligence ...............................................................................
........... $1,681,000,000
Counterterrorism/Counterintelligence .............................................. 3,240,000,000
Criminal Enterprise/Federal Crimes ................................................ 2,616,000,000
Criminal Justice Services .................................................................. 505,000,000
Total, Salaries and Expenses ..................................................... $8,042,000,000
[snip]
Money laundering.—The Committee understands that
Bitcoinsand other forms of peer-to-peer digital currency are a potential
means for criminal, terrorist or other illegal organizations and individuals
to illegally launder and transfer money.
News reports indicate
that Bitcoins may have been used to help finance the flight
and activity of fugitives. The Committee directs the FBI, in consultation
with the Department and other Federal partners, to provide
a briefing no later 120 days after the enactment of this Act
on the nature and scale of the risk posed by such
ersatz currency,
both in financing illegal enterprises and in undermining financial
institutions. The briefing should describe the FBI efforts in the context
of a coordinated Federal response to this challenge, and identify
staffing and other resources devoted to this effort.
er·satzˈerˌsäts-ˌzätserˈzäts
adjective
1.
(of a product) made or used as a substitute, typically an inferior one, for something else.
Full Contents:
http://appropriations.house.gov/uploadedfiles/hrpt-113-hr-fy2014-cjs.pdf
