Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
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Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin…
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The United Nations Office on Drugs and Crime (UNODC) expressed deep concern about crypto’s role in facilitating illicit activities across Southeast Asia. It notes that the existing underground banking infrastructure, including underregulated casinos, junkets, and illegal online gambling platforms, has increasingly adopted crypto as a tool for crime. UNODC Raises…
A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked with several illicit and dark web clients, many of whom were... [[ This is a content summary only. Visit my website for full links, other…
With the U.S. Treasury recently indicating that bitcoin and altcoins aren’t used for significant illicit activity, it’s time to change the narrative. It’s time to take “illicit activity” off the FUD... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…