TagBlockchain Alliance

FBI Working on 130 Cryptocurrency-Related Investigations

FBI, QuadrigaCX, crypto exchange

While supervisory special agency Kyle Armstrong says the Federal Bureau of Investigation (FBI) sees cryptocurrencies in a neutral light, he mentioned at a conference that  the agency currency has 130 open cases related to virtual currency. Armstrong made his remarks at Wednesday’s Crypto Evolved conference in New York. He said the cases are a “small sliver” in the FBI’s workload, which equates to...

Former CIA Analyst Says Terrorists Utilize Bitcoin to Boost Funding

A former counterterrorism analyst for the CIA has found that terrorists are utilizing innovative technologies to boost their funding, one of which is through the use of bitcoin. Yaya Fanusie is the director of analysis for the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance (CSIF) who previously spent seven years as both an economic and counterterrorism analyst in...

Chamber Of Digital Commerce Urges G7 Not To Overreact To Paris Attacks By Stifling Bitcoin

The Chamber of Digital Commerce (CDC), based in Washington, D.C., has urged the Group of Seven (G7) nations not to enact virtual currency regulations that will stifle innovation in seeking to prevent future terror attacks like the one in Paris last week. The CDC is concerned that the G7 countries want to restrict virtual currencies because they suspect Islamic State terrorists used and continue...

Bitcoin Collective to Aid Law Enforcement with The Blockchain Alliance

A coming together of prominent Bitcoin companies and organizations along with several law enforcement agencies and communities has resulted in the formation of the Blockchain Alliance, a nonprofit that, among other things, will help as a resourceful partner for law enforcement to aid against bitcoin- and block chain-based criminal activities. A new forum called the Blockchain Alliance has been...

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