Crypto and Healthcare Fraud: How Digital Currencies Are Facilitating Medical Scams
Cryptocurrencies have revolutionized various industries, offering new ways to transact and store value. However, alongside legitimate uses, digital currencies have become tools for criminal activities, particularly in healthcare fraud. The inherent qualities of...
Synthetic Identity Fraud and Crypto: How Fake Identities Are Used in Financial Crime
Synthetic identity fraud (SIF) is one of the most rapidly growing forms of financial crime in the U.S., with the Federal Trade Commission (FTC) estimating that it accounts for up to 80% of all credit card fraud losses (Federal Trade Commission, 2022). In SIF,...
Cryptocurrency and Human Trafficking: The Hidden Connection
Human trafficking is one of the most severe and pervasive human rights violations, affecting millions of individuals worldwide (International Labour Organization, 2021). It generates an estimated $150 billion annually through the exploitation of people in forced...
Ransomware and Crypto: The Modern Extortion Industry and Its Impact on National Security
Ransomware is a type of malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid. The rise of cryptocurrency as the preferred method of ransom payment has transformed ransomware from isolated incidents into a pervasive, global...
The Legal Gray Area: How International Crypto Criminals Exploit Jurisdictional Loopholes
Cryptocurrencies, with their decentralized nature and promise of anonymity, have revolutionized the financial landscape. However, they have also opened new avenues for criminal activities that transcend national borders, creating significant challenges for law...
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