Fri, March 29, 2024

Criminal Investigation Division Command and Crypto

Cryptocurrency, India and cryptocurrencies, crypto card

It is harder to track cryptocurrencies in comparison to fiat currencies. Unfortunately, criminal groups have started to use cryptocurrencies to evade law enforcement agencies. However, authorities are willing to tackle the problems connected with crypto-related crimes. The United States Army Criminal Investigation Division Command (USACIDC) needs, for example, a Software-as-a-Service web application to do so. With the help of such an application, they can identify cryptocurrency transactions.

According to the information taken from a statement published on July 10, USACIDC is prepared when it comes to using this application. Notably, the Major Cybercrime Unit, as well as the Federal Bureau of Investigation (FBI), will also use this application.

Thd USACIDC, the Major Cybercrime Unit, and the FBI want to use this application to detect activities such as fraud, extortion, and money laundering carried out using cryptocurrencies.

 

U.S. Army, crypto and criminal investigations

People should take into account that, USACIDC is taking bids, for developed, tested, and ready-to-deploy web applications. The organization is ready to take do so until July 20.

Criminal Investigation Division Command and illegal crypto activities

The Criminal Investigation Division Command conducts criminal investigations in different parts of the world. The organization is looking for an application, that has the capability to analyze Bitcoin and other major cryptocurrencies in real-time.

Furthermore, users should be able to conduct an in-depth investigation regarding the source of cryptocurrency transactions with such an application.

This list of requirements is quite lengthy, as the application should help the organization with quick detection of criminal activity and suspicious connections. Moreover, the USACIDC wants to use this application to identify suspicious cryptocurrency transactions and to investigate cryptocurrency connections.

Importantly, the USACIDC plans to spot suspicious transaction patterns and interactions with other entities. Additionally, this application should include a link analysis tool to facilitate the analysis of data.

Countries located in North America, as well as other parts of the world, should work together to cope with various crimes, including illegal crypto-related activities.

YOU MAY ALSO LIKE

Wibest – NZD/USD: New Zealand dollar notes and coins.

Quick Look: NZD/USD drops below 0.6000 due to a stronger USD and

Dollar edges back from a 16-month peak

Quick Look: The dollar strengthens against major currencies before the crucial U.S.

Ford

Quick Look: CVA Family Office LLC snaps up 4,559 shares of Ford

COMMENTS

Leave a Comment

Your email address will not be published. Required fields are marked *

User Review
  • Support
    Sending
  • Platform
    Sending
  • Spreads
    Sending
  • Trading Instument
    Sending

BROKER NEWS

Plus500 Expands Office Space in Haifa and Boosts Hiring

Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex

BROKER NEWS

Stock Report – stock exchange background – WibestBroker

Plus500 Expands Office Space in Haifa and Boosts Hiring

Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex in