Only 10% Of Crypto Is Used By Criminals


According to an agent of the U.S. Drug Enforcement Administration (DEA), only 10% of Bitcoin (BTC) transactions are crime-related now. This is a huge, 80% drop since 2013.

DEA special agent Lilita Infante is a member of a 10-person Cyber Investigative Task Force. She explained:

“The volume has grown tremendously, the amount of transactions and the dollar value has grown tremendously over the years in criminal activity, but the ratio has decreased.”

In the light of the above, the argument often raised by those opposed to cryptocurrency that cryptos are being used mainly by criminals – is invalid.

Cryptocurrencies were often associated with money laundering or terrorism. With the growth of popularity and the cryptocurrencies entering the mainstream – the legitimate uses are in an overwhelming majority. Even if that majority is “used for price speculation”.

Everything can be tracked

According to Infante, all of the cryptocurrencies can be tracked. Some are more difficult than others, but the DEA “still has ways of tracking” all of them.

“The blockchain actually gives us a lot of tools to be able to identify people. I actually want them to keep using them [cryptocurrencies].’’


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