French investigators linked Moroccan national Badiss Bajjou to ransom demands paid in untraceable privacy coins. The arrests highlight law enforcement’s focus on crypto-facilitated extortion schemes across borders. Europol’s crypto-tracing units now collaborate with exchanges to freeze wallets associated with violent financial crimes.
How might upcoming crypto regulation change institutional participation?
Landmark U.S. legislation nearing passage would remove operational barriers for institutions, allowing firms like JPMorgan to develop comprehensive crypto custody, trading, and investment services without regulatory uncertainty. Bitwise emphasizes this would...