Europol: Bitcoin Playing an Increasing Role in Crime


After law enforcement agencies from Austria, Bosnia and Herzegovina, Germany, and the United Kingdom met in December to plan an operation against the cybercriminal group DD4BC (Distributed Denial of Service – DDoS – for Bitcoin), an official with Europol has told Bitcoinist that Bitcoin, and other crypto-currencies, is playing an increasing role in all criminal activities.

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Europol Says Bitcoin is Being Used in Cybercrime

EuropolEuropolThe UK Metropolitan Police Cyber Crime Unit (MPCCU) found key members of the criminal organization in Bosnia and Herzegovina leading to “vital information.” Activities were coordinated among law enforcement in Australia, France, Japan, Romania, the USA, Switzerland and INTERPOL.

Law enforcement initiated Operation Pleiades, during the course of which a member of DD4BC was arrested, and one more suspect detained. Numerous property searches took place and evidence was gathered in an operation started by Austrian authorities, and supported by Europol’s European Cybercrime Centre (EC3) and the Joint Cybercrime Action Taskforce (J-Cat).

Operation meetings took place in

Read more ... source: TheBitcoinNews