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FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking

The Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency linked t...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

FinCEN Finds Increased Cryptocurrency Involvement in Human Trafficking
The Financial Crimes Enforcement Network (FinCEN) has released an analysis that reports an alleged increase in the use of cryptocurrency in human trafficking cases. According to FinCEN, reports of cryptocurrency linked to these purposes grew from 336 in 2020 to 1,975 in 2021, an increase of almost 500%. FinCEN Alerts of Crypto Usage Linked to […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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