Bitcoin and cryptocurrencies have long had a reputation for being the payment tools of criminals. Now, Europol claims billions of dollars are being illegally laundered with cryptocurrency in Europe. Large Estimations According to the European Union Agency for Law Enforcement Cooperation (Europol), three to four billion pounds ($4.1 to $5.5 billion) of criminal money is being laundered using cryptocurrency in Europe alone. Europol’s director, Rob Wainwright, told BBC’s Panorama: It’s growing quite quickly and we’re quite Read More The post Europol Claims $5.5 Billion Laundered Using Cryptocurrency appeared first on Bitcoinist.com.



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