Hackers and other online criminals will continue to pay close attention to Bitcoin and other cryptocurrencies. In London, police officials arrested one particular hacker and seized $667,000 worth of Bitcoin in the process. It remains unclear what will happen to the confiscated Bitcoins, although it seems likely they will be auctioned off. Another Bitcoin-related Arrest It is evident criminals are drawn to Bitcoin and other cryptocurrencies for many reasons. One of the main reasons for this is that many people perceive Bitcoin and similar currencies as being anonymous. In reality, however, Bitcoin itself lacks privacy and anonymity features, whereas a few other currencies
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