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Europol Finds Equal Incidence of Criminal Cases Involving Bitcoin and Altcoins
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EU police force Europol revealed that the number of criminal cases it handles involving Bitcoin is nearly the same as those involving altcoins.
In its latest Internet Organised Crime Threat Assessment (IOCTA) released on Monday, the agency highlighted a rise in crypto use in various criminal activities. Specifically, it found a noticeable rise in the use of altcoins for criminal purposes.
The agency noted that ransomware attackers primarily request Bitcoin for ransom payments because it is easier to obtain than other tokens. However, there have been instances where demands were made for different crypto, such as Monero.
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