• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Breaking News: Ecommerce Giant Amazon To Launch NFT Initiative
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Ecommerce Giant Amazon To Launch NFT Initiative
Advertisement

Police Say Human Traffickers are Turning to Bitcoin

Jeff Francis by Jeff Francis
5 years ago
in News, Bitcoin, News teaser
0
Advertisement

Police in Jamaica say that human traffickers are increasingly turning to Bitcoin and other cryptocurrencies in order to hide the money trail and avoid law enforcement.


We live in a world of progress and are surrounded by the miracles of modern technology. Food is grown in areas that were once barren, and we can communicate with people on the other side of the world in an instant. Yet for all our continuing march towards a better world, there is still quite a bit of ugliness to be found. Case in point is the continued existence of human trafficking, which is estimated to be a $150 billion USD industry worldwide. Trying to fight this scourge is hard enough, to begin with, but police in Jamaica say that it’s getting harder as human traffickers are increasingly using Bitcoin and other cryptocurrencies to evade detection.

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.

Human Trafficking is a Worldwide Scourge

Human Trafficking is a Worldwide Scourge

The statistics for human trafficking are shocking. It’s estimated that over 45 million men, women, and children are affected by this modern day slavery. This slavery takes many forms: sexual exploitation, organ harvesting, forced marriages, labor, murder, and even forced abortions for stem cell harvesting. It’s enough to make the hairs on your head stand up.

Jamaica is taking human trafficking seriously, especially in light that they were on an international watch list for the horrendous practice. The country has managed to remove itself from the list after recently rescuing more than 70 victims and convicting four human traffickers. At the Anti-Money Laundering/Counter-Financing of Terrorism Conference in New Kingston, law enforcement stressed the need to hit human traffickers “in the pocketbook” but that such actions are getting more difficult.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Using Bitcoin and Other Cryptocurrency to Hide Money Trails

Jamaican law enforcement is talking to global law enforcement agencies and banks on how to follow the money trail for human trafficking. The current main issue that the police have is that the money trail is getting harder to follow as human traffickers are now using Bitcoin and other cryptocurrencies. Deputy Superintendent of Police Carl Berry says:

They are asking for payment in bitcoin and other cryptocurrencies, a new factor which creates problems for law enforcers.

The police also say that the use of the “dark web” for human trafficking transactions is compounding the problem due to anonymity. The superintendent says that the Jamaican police have a plan but has not elaborated on it.

Using Bitcoin and Other Cryptocurrency to Hide Money Trails

The use of cryptocurrency by criminals should not come as a shock. As soon as any new technology is invented, there are those who immediately begin to think about how to use it in an illegal manner. Just as soon as computers could talk to one another, people began hacking. The reality is that there are no easy answers on how best to fight human trafficking in today’s world. Blaming cryptocurrency is not the solution as human trafficking was thriving long before Bitcoin and its ilk were created.

What do you think about human traffickers turning to Bitcoin and other digital currencies? Let us know in the comments below.


Images courtesy of Pexels, Flickr, Pixabay

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Jeff Francis

Jeff Francis

Related Posts

Bitcoin this week

Bitcoin And Crypto This Week: Here’s What Will Be Important

2 hours ago
Bitcoin price

Bitcoin Price Nears $24,000 Mark – Can Bulls Push BTC To $25K This February?

6 hours ago
50% of Bitcoin hashrate Controlled by Two Mining Pools

Data Shows 50% Of Bitcoin Hashrate Controlled By Two Mining Pools

23 hours ago
Institutional Bitcoin Buying Is a Positive Sign, Suggests Matrixport

Institutional Bitcoin Buying Is A Positive Sign, Suggests Matrixport

2 days ago
Bitcoin BTC

Inflation May Be In A Lull, What Does That Mean For Bitcoin?

3 days ago
Bitcoin Lightning Network POS Clover

Major Adoption News For Bitcoin: POS Giant Clover Starts Lightning Trial

3 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • Binance Coin (BNB) Trading Volume Pumps By $7 Million While...

    3 hours ago
  • Polkadot (DOT) sees 5% Growth, why Cardano (ADA) and...

    4 hours ago
  • More than a trillion dollars moved in Litecoin (LTC)...

    4 hours ago
  • Moralis has revealed the integration of Web3 API with Aptos...

    5 hours ago
  • Is Aptos (APT), Solana (SOL), or Snowfall Protocol (SNW)...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.