Criminal Crypto Use Is Becoming ‘Increasingly Sophisticated’, Says Europol
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 burden on the law enforcement agencies of EU member states,” he added.
His comments came during the 9th Global Conference on Criminal Finances and Crypto Assets from Oct. 28-29, jointly organised by Europol, the United Nations Office on Drugs and Crime (UNODC), and the Basel Institute on Governance, and focused on the evolving ways that crypto…
