Cops follow digital trails to arrest drug dealers and cyber crooks

Moving digital assets through “blockchain” platforms leaves a “paper trail” that is almost impossible to erase. PHOTO ILLUSTRATION: PIXABAY
New: Gift this subscriber-only story to your friends and family

Crypto scammers can remain anonymous and run off with their victims’ money, but the same technology that enables them to commit the crime can also help the cops catch them.

The weak link is that moving digital assets through a “blockchain” platform leaves a “paper trail” that is almost impossible to erase. After all, a blockchain is essentially a digital ledger that records such transactions in the crypto ecosystem.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.