Criminal Crypto Use Is Becoming ‘Increasingly Sophisticated’, Says Europol

In brief

  • Europol said misuse of crypto is “becoming increasingly sophisticated,” straining national police resources.
  • Experts have called for global standards and unbiased blockchain training to strengthen cross-border investigations.
  • A recent conference highlighted the need for cooperation between public and private sectors as crypto crime evolves.

The head of Europol’s European Financial and Economic Crime Centre (EFECC), Burkhard Mühl, warned this week that the misuse of crypto and blockchain for criminal purposes is “becoming increasingly sophisticated,” as he pledged continued investment from Europol to support member states in complex and international investigations.

“Investigating these crimes places a significant…

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