RATE Group | International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’
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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

16 Nov International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

Posted at 07:32h in Bitcoin News by

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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police, Singapore and New Zealand police, United States Department of Justice, and the Australian Criminal Intelligence Commission. The conference set out to address how to better seize criminal profits and face challenges to law enforcement presented by the darknet and cryptocurrencies like bitcoin.

Also Read: FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

Addressing Crypto Crime

Justine Gough, Acting Assistant Commissioner for the Australian Federal Police (AFP), stated that “Advances in technology, like cryptocurrency and encrypted communications have changed the way criminals acquire and hide their assets” and that “Seizing and removing the profits of…

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