Cryoto Currency

Criminal use of crypto an ‘emerging threat’ — Australian police By Cointelegraph


Criminal use of crypto an ‘emerging threat’ — Australian police

Australia’s federal law enforcement agency has highlighted the criminal use of cryptocurrency as an “emerging threat” in the country but says it’s a continuous challenge to keep up the pace with criminals.

A spokesperson for the Australian Federal Police (AFP) told Cointelegraph that there has been an “increase in the number of offenders using cryptocurrencies to facilitate illicit business and attempting to conceal the ownership of assets,” noting:

Focus misplaced?