The sudden spike in copycat assaults in France, Belgium, and Spain over the previous few months means that crypto theft as a tactic has caught the eye of organized crime. (This week’s abduction try is already being investigated by the organized crime unit of the Parisian police.)
Crypto trade insiders appear satisfied that organized crime likes these assaults due to a (mistaken) perception that crypto transfers are untraceable. So individuals like Chainalysis CEO Jonathan Levin are attempting to clue within the crime bosses.
“For no matter cause, there’s a notion that’s on the market that crypto is an asset that’s untraceable, and that basically lends itself to criminals appearing in a sure method,” Levin stated at a latest convention coated by the commerce publication Cointelegraph.
“Apparently, the [knowledge] that crypto just isn’t untraceable hasn’t been acquired by among the organized crime teams which can be really perpetrating these assaults, and a few of them are concentrated in, you realize, France, however not completely.”
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