Cryptocurrency, a digital payment system that functions outside of the traditional financial system, is a rapidly developing issue for law enforcement and financial institutions. Transacting in cryptocurrency creates the perception of elevated levels of confidentiality or pseudonymity.
As this and other related innovations continue to gain a foothold in the economy, criminal exploitation of these systems and methods increase. With cryptocurrency now firmly entrenched in both domestic and international commerce, it is vital that law enforcement, financial institutions and financial crimes investigators have a firm understanding of what cryptocurrency is, how it works, and how it can be used in both legitimate and illicit activities.
Topics (Part 2):
1. Dark Web
2. BC Forensics
1. Examine how dark web marketplaces and cryptocurrencies work together and how they translate into the physical world
2. Identify evidence and ways to investigate illicit dark web activity that often utilizes cryptocurrency
3. Discuss intricacies of blockchain technology and explore analytical tools for investigating crimes e.g., tax evasion, distribution of child pornography, trading of illegal weapons, and sale of narcotics