Law Enforcement Still Monitors Bitcoin To Arrest Deep Web Users

There have been a lot of question asked as to how law enforcement agencies can track down users on the deep web. As it turns out, there are nearly a dozen different methods which can be used to do so. Albeit the legality of these tricks remains doubtful, using Bitcoin is not a way to protect user privacy or anonymity by any means.

Contrary to what most people may want to believe, law enforcement agencies can track Bitcoin users on the deep web. Even though this pseudonymous cryptocurrency is the payment method of choice on these virtual underground marketplaces, it is not overly difficult to link transactions to real identities.

Bitcoin Does Not Provide Deep Web Anonymity

The Department of Homeland Security has an active Bitcoin and blockchain task force. Their task is to track down criminals using Bitcoin to launder money. Although a Bitcoin transaction has zero relation to a real identity, somehow they managed to find deep web users through cryptocurrency.

One thing that will make this type of activity stand out is when large amounts of coins are being moved around. One particular investigation saw one person selling illegal goods in exchange for millions of dollars

Read more ... source: TheBitcoinNews