BRITISH POLICE PROPOSE TO LEGALLY FACILITATE INVESTIGATION OF CRIMES INVOLVING CRYPTONONEDAS

in #bitcoin7 years ago

The use of cryptographic coins is becoming more widespread, even to transform how illicit markets and criminal activities are moving. That is why one of the police investigation offices in the UK has decided to explore the use of cryptographic coins for illicit purposes prompted a request to adapt and strengthen UK legislation against the criminal prosecution involving Bitcoin.

Police Research Association N8, through its Catalyst project, published a report on the results of collaborative research experts and crypto-active blockchain ecosystem. The researchers were concerned about the current cryptomonedas due to increased ransomware type attacks, which caused huge losses in European companies due to the recent ransomware attacks WannaCry and Petia.

In this sense, the document stresses that the main problem at this time to attack this type of criminal activity, and the use of cryptononedas generally for criminal purposes, is the lack of experience that researchers and police officers have in the world's currencies Cryptography and the lack of legal support that research on bitcoins achieves.

This research project was divided into two parts of the practice and other new laws theoretically proposed to help measure and limit the use of even criptomonedas. Likewise, it seeks to identify trends in crime, to test different illegal scenarios, to monitor public and private transactions, to study and record characteristics of different cryptographic rooms, and to educate agents and institutions about potential issues to take into account the Time to do research that nature.

For this reason, the researchers' association suggested the creation of a working group of law enforcement actors and experts in Bitcoin to coordinate policy approaches that avoid using decentralized currency on the black market.

The N8 group proposes to provide the direction of the police sector and the legal basis allowing cybercrime agents to investigate, gather evidence and locate offenders by transactions in different block chains and distributed platforms, recognizing that Bitcoin and many other digital assets are not completely anonymous and can be controlled:

"Bitcoin Transactions are completely anonymous, so training and improving access to the tool industry, the implementation of British law to enhance their ability to investigate and prosecute these crimes."
N8 Police investigation association.

In turn, in the exploration of practice by investigators, members of monitoring dark product purchases, sexual extortion and human trafficking, as well as regular use of ATMs and exchange of cryptones, all to Generate a specific guide that can handle the characteristics of blockchain and digital assets, as well as to increase the general knowledge that we have about these technological solutions in the field of computer crime.

At the global level, the authorities proposed to create laws that focus on cyber security and the participation of Bitcoin and other cryptones. And seven European countries have expressed concern in this sector thanks to a recent collaboration aimed at reducing crimes on the Internet, the United Nations (UN) also established a specialized police on the currency and government of India crypt proposed in Last July to study these digital assets in order to avoid the national financial loss.

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