Criminals Use Crypto to Laundry Billions, Europol Says

According to director of Europol, about £3-4B are being laundered using cryptocurrencies in Europe
13 February 2018   381

Rob Wainwright, the head of the European Union's police service called Europol, described the 3-4 billion pounds that criminals hide in crypto-currencies. It's just about money in Europe. This is reported by CBR Online.

It’s growing quite quickly and we’re quite concerned. They’re not banks and governed by a central authority so the police cannot monitor those transactions. And if they do identify them as criminal they have no way to freeze the assets unlike in the regular banking system.

Rob Wainwright 
Director, Europol

According to Wainright, the problem is becoming more widespread. Banks and governments can not control the conducted transactions crypto-currency, therefore it is difficult to track funds. Large amounts of tokens are broken into small ones, they are sent to different purses, and it is extremely difficult to track the origin of the funds.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   34

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.