Criminal use of crypto an ‘emerging threat’ — Australian police
Cointelegraph
Published Oct 24, 2022 07:00PM ET
Updated Oct 24, 2022 08:40PM ET
Australia’s federal law enforcement agency has highlighted the criminal use of cryptocurrency as an “emerging threat” in the country but says it’s a continuous challenge to keep up the pace with criminals.
A spokesperson for the Australian Federal Police (AFP) told Cointelegraph that there has been an “increase in the number of offenders using cryptocurrencies to facilitate illicit business and attempting to conceal the ownership of assets,” noting:
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Written By: Cointelegraph
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