US attorney Eric Holer had told US house Judiciary Committee that cyber criminals along with Drug lords use crypto currencies and the US law has no way to keep Crypto currency out of Crime. US attorneY General Said:- “More than ever before, the department’s law enforcement work today must contend with new and emerging technology, including virtual currencies such as Bitcoin,” “Virtual currencies can pose challenges for law enforcement given the appeal they have among those seeking to conceal illegal activity. This potential must be closely considered.” Holder said that work is being done with “financial regulatory partners” that will …continue reading
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