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Weekend Bonus: Crypto IRL, Episode 7, with Tim and Katie

Bloomberg Crypto

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The State of Cryptocurrency Crime

The state of crime using crypto stand right now is not necessarily financially driven. We've seen individuals that have been able to put messaging within the transactions so that it's encrypted and these are botnets that then crawl the blockchain in order to decrypt that. ISIS is trying to raise funds through the use of NFTs. Completely novel application of the technology. But illicit actors can also use it in novel ways that are actually pretty concerning.

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