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Not really,, fraudsters use stolen identities and fake/and or stolen bank accounts to move money around, they wouldn't touch bitcoin, no need to. The banking sy
by dobbsbob 13y ago
Not really,, fraudsters use stolen identities and fake/and or stolen bank accounts to move money around, they wouldn't touch bitcoin, no need to. The banking sytem is insecure enough for all their needs.
Go on any Russian fraud forum (simply google 'carding forum') such as infraud (google it) and you won't see bitcoins anywhere. They are using stacks of stolen prepaid visas, and networks of fradulent accounts, no reason to use coins.
Edit: I voted you down accidentally, fail smartphone is fail.
- dublinben 13y agoThe completely public ledger of all transactions until the end of time (by design!) also makes BTC rather unattractive for serious criminals. They are much happier with digital currencies (like Liberty Reserve) which are designed to enable money laundering through and through.