Bitcoin Speculators, Not Drug Dealers, Dominate Crypto Use Now
Posted in: Internet Use/New Technologies at 08/08/2018 20:35
The ratio of legal to illegal activity in Bitcoin has flipped, according to Lilita Infante at the U.S. Drug Enforcement Administration.
When Infante started seeing the Bitcoin pop up in her cases at the DEA five years ago, her analysis of blockchain data showed criminal activity was behind about 90 percent of transactions in the cryptocurrency. Now, illegal activity has shrunk to about 10 percent and speculation has become the dominant driver, she said.