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Italian anti-mafia department warns about the use of cryptocurrencies by criminal organizations

The Italian Anti-Mafia Directorate (DIA), a department that belongs to the country’s police forces, recently revealed that mafia groups and criminal organizations are increasingly using cryptocurrencies to carry out illicit activities.

Italian anti-mafia department warns about the use of cryptocurrencies by criminal organizations

Italian anti-mafia department warns about the use of cryptocurrencies by criminal organizations

This was indicated by a DIA spokesperson during an interview conducted by the German media Zeit Online, where a representative of the police entity commented:

“All criminal organizations, including those of the mafia type, have an interest in using these instruments for their business.”

The comments of the DIA representative go hand in hand with the data previously published by the police organization in a new report, in which it reveals that criminal organizations are making use of these assets for their properties to boost payments and circumvent certain controls, especially in commercial activities related to drugs and illicit substances.

In this regard, the report says:

“Ndrangheta, the strongest and most powerful criminal syndicate in the country, is increasingly attuned to modern tools such as cryptocurrencies and the deep web.”

The concern on the part of DIA and other police entities comes amid the commercial boom that the main cryptocurrencies are registering, which is attracting the attention of people outside the sector who are increasingly attracted to these assets.

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As for the mentions of the Deep Web and the Dark Web, there are many platforms in which users trade drugs and illegal items accepting payments with cryptocurrencies.

Despite the growing interest in the use of these assets, various reports ensure that digital currencies are not listed as the main mechanism for perpetrating illicit activities. This occurs because the use of blockchain technology guarantees total transparency and traceability to operations, so with the appropriate tools, anyone can monitor the flow of funds through the different wallets through which they pass.

But the biggest concerns revolve around the use of coins with an emphasis on the privacy of operations. In this regard, various authorities point out the dangers associated with the use of Monero (XMR), a cryptocurrency that does not keep a record of the operations carried out through its network, which is mainly associated with illegal activities due to the impossibility of tracking operations .

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