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How Crypto Cos. Can Help Curb Pandemic Relief Fraud

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By Brian Miller and Chris Cooke (September 22, 2021, 5:10 PM EDT) — Breakthrough expertise can energy progress simply as simply as it will possibly buoy unhealthy actors. Cryptocurrency is not any exception.

Because the October 2020 report from the lawyer common’s Cyber-Digital Job Power put it, “distributed ledger expertise, upon which all cryptocurrencies construct, raises breathtaking prospects for human flourishing.”[1]

These prospects needs to be celebrated. The issue from a legislation enforcement perspective, nonetheless, is anonymity.

Briefly, cryptocurrency affords a wide range of instruments for shielding the identification of its customers. This could forestall legislation enforcement from figuring out who holds stolen funds.

That downside is exacerbated, partly, by entities inside the present crypto ecosystem that…


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