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Cryptocurrency seems futuristic. The crimes around it are not
‘Old-fashioned’ gangland methods of kidnapping and torture are being used to obtain passwords.
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Increasingly, it seems, the clean-room culture of digital finance, such as Bitcoin, is falling prey to a lurid, visceral, old-fashioned style of criminality.
PHOTO: REUTERS
Ginia Bellafante
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“I smell money, crypto, crypto, blockchain and all the good things,” Mayor Eric Adams said recently in what New York City officials billed as the “first ever NYC Crypto Summit”.
Referring to himself as a “tech mayor” who used to program in Cobol and Fortran, he reasoned that hating on crypto was like hating credit cards 65 years ago.
