A high executive of an international organization has recently attacked cryptos. According to Neil Walsh, an official of the United Nations (UN), cryptos can make it harder to fight cybercrime. He affirms that their anonymous nature can often get in the way of tracking criminals and that this can become an issue.
Walsh, who is the chief of the UN Office on Drugs and Crime’s cyber unit, has been recently interviewed by an Australian media outlet. He believes that the extra layer of anonymity that can be provided by privacy coins or even Bitcoin (which can be used together with coin mixers) definitely makes the work harder and slower to complete.
He affirmed that there are more child pornography networks around the world than people believe and that most of them use cryptocurrencies due to the illegal nature of the content that is sold in them. Nobody wants to be tracked and cryptos are often the tool to make it happen in dark web transactions.
In related news, the UN has recently affirmed that hackers from North Korea hacked at least $2 billion USD from exchanges. There are suspicions that the money was used to fund the country’s nuclear program.
Most of the attacks were targeted at South Korea, which is the closest country. At the moment, the UN is said to be investigating 35 cyberattacks in South Korea made from their northern neighbors.