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reddit - US DEA Admits Criminal Activity In Crypto Has Plunged 80% Since 2013 - by awless

Wed Aug 08, 2018 7:19 am

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US DEA Admits Criminal Activity In Crypto Has Plunged 80% Since 2013 by awless at reddit

4 comments

The post leads to Zero Hedge:

US DEA Admits Criminal Activity In Crypto Has Plunged 80% Since 2013
by Tyler Durden
August 7, 2018

Excerpt:

An agent of the U.S. Drug Enforcement Administration (DEA) has noted that Bitcoin’s (BTC) role in crimes has dropped to just 10 percent of transactions, while transactions themselves have “grown tremendously,” Bloomberg reports August 7.

...

As Bitcoin’s popularity has grown, however, it is now legitimate trading which forms the overwhelming majority of activity, with Infante noting that the “majority of transactions are used for price speculation.”

...

Read entire article: zerohedge.com/news/2018-08-07/us-dea-admits-criminal-activity-crypto-has-plunged-80-2013
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