The White House Just Blamed Bitcoin for America’s Opiate Crisis

The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common tool for these unethical and illicit activities, … Read more

JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War

A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when such large scale transport is used … Read more

U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity

On January 25 the U.S. Immigration and Customs Enforcement (ICE) deputy assistant director, Greg Nevano, explained in a testimony that the agency was using “blockchain exploitation tools” to combat cryptocurrency use in illicit markets. Nevano’s testimony revolved around the growing opioid addiction problem in the U.S., and how the law enforcement organization is fighting the … Read more