US Federal Prosecutor Tells About Bitcoin Online Crimes

Federal prosecutor Kathryn Haun came to know about Bitcoin when she was asked whether she would want to prosecute the cryptocurrency.

Haun, who is currently serving as the assistant US attorney of San Francisco’s US Department of Justice (DOJ), took almost no time to understand that prosecuting Bitcoin will never be possible for her.

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Kathryn Haun, assistant U.S. attorney for the U.S. Department of Justice in San Francisco
Kathryn Haun, assistant U.S. attorney for the U.S. Department of Justice in San Francisco

The attorney, who is known for having her focus on murders, prison gangs, and organized crimes, found that prosecuting the cryptocurrency would be something equivalent to prosecuting cash.

However, she did not stop from gathering further knowledge about Bitcoin online crimes.

The journey has actually changed the US federal prosecutor’s life altogether.

There was a time when she did not have any idea about the cryptocurrency, but right now she is a person to talk to whenever something happens pertaining to Bitcoin.

Right now, Haun is enhancing the post of the digital currency coordinator at DOJ and teaches cyber crime and digital currency at the Stanford Law School.

In addition, she has also succeeded in sending a couple of federal agents behind the bars for committing online Bitcoin crime.

The two individuals in question are corrupt Silk Road investigators, who attempted to steal Bitcoin worth $800,000.

The majority of the cryptocurrency users are aware of the fact that the much talked about the Silk Road investigation involves a series of angles.

For instance, many are still questioning the judgment passed on to Ross Ulbricht, one of the main accused in the Silk Road case.

Ulbricht used to be a dark web market operator who got convicted of running the Silk Road and got arrested in 2013.

In addition, the case also involves law enforcement agents who are not beyond doubt; the two jailed investigators stand as the testimony of this fact.

Kathryn Haun is one person who has witnessed everything that happened during the Silk Road investigation, which helped her to gather valuable knowledge about the situation as well as the subject.

The investigation against the two corrupt federal agents connected to the dark web market, Silk Road, originally began with an unidentified tip.

It is surprising that no one thought that the anonymous tip would be revealing any kind of truth, it ended up unraveling the main truth.

It is often said and widely believed that greed succeeds in bringing out the worst from most humans; this incident proved that the statement stands true even for the federal law enforcement agents.

It showed that when it comes to money, even the protectors of law can become involved in unlawful activities.

Kathryn Haun, the US Federal Prosecutor, recently unveiled how she tries to bring criminal Bitcoin usage to an end. Prosecuting cryptocurrency-related crimes has been proven to be quite a challenge so far, though.
Kathryn Haun, the current digital currency coordinator at the DOJ in San Francisco, revealed a series of essential facts about Bitcoin online crimes.

When monitoring the Silk Road investigation, Kathryn Haun found that both the corrupt Silk Road investigators completed the job of stealing bitcoins in a way that made them almost “perfect criminals.”

That is because both of them knew the perfect way of covering tracks. However, there are a few behavioral patterns that cannot be denied.

It is impossible to decrease digital breadcrumbs just by using online aliases. As a result, the law enforcement officers eventually managed to get hold of the fraudulent Silk Road investigators.

What left people around the globe, particularly users of cryptocurrency, deeply surprised, is that how Haun confirmed that criminals have a habit of using mailboxes provided by different Russian providers.

On the other hand, as expected by most, Haun’s account revealed that mixers and tumblers have big roles to play in the process of laundering the steal Bitcoin funds.

The reassuring fact is that it is very much possible to unscramble those activities if enough time and effort are invested.

At the end of the day, it is absolutely heartwarming to see Haun admits that Bitcoin is not something that’s just about online crimes.

She confirmed that crime levels involving cash are still significantly higher compared to criminal activities involving Bitcoin and other cryptocurrencies.

Another great role the attorney has played is that she advocates the new technology called blockchain technology.

Experts are saying that this technology has the potential of making a major impact because most crimes are facilitated because of forged documents; that is a threat blockchain technology is capable of terminating seamlessly.

According to Haun, this holds great importance as the majority of the cases she has prosecuted so far (these include marriage fraud, impersonation of dead individuals, some murder cases, and of course this case involving cryptocurrency) have been affected severely by some form of stolen, counterfeit, or forged public document.

This indicates that the coming years might see blockchain technology gain huge popularity among cryptocurrency users.

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