November 7, 2024

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FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking

1 min read
FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking
FinCEN Finds Increased Cryptocurrency Involvement in Human TraffickingThe Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency linked to these purposes grew from 336 in 2020 to 1,975 in 2021, an increase of almost 500%. FinCEN Alerts of Crypto Usage Linked to […]