Posted in: Tattle, Technology

Dirty cash and crypto: how the booming cryptocurrency market is open to exploitation

As the legitimate use of digital currencies grows, there has been a comparable rise in abuse, cybercrime experts say

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When the cops arrested scammer Evan Leslie McMahon in March 2019 they found a lot more than just the bootleg Netflix logins that enabled his clients to watch The Witcher on the cheap.

Also in the possession of the early-20s hacker were nine electronic wallets containing an alphabet soup of cryptocurrencies – bitcoin, bitcoin cash, ethereum, digibyte, XRP, stratis, bitcoin gold and litecoin – that he bought with the proceeds of his crimes.

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