Bitcoin News Bitcoin helps the FBI to clear up an assassination...

Bitcoin helps the FBI to clear up an assassination attempt in the United States


- Advertisment -

The transparency that Bitcoin provides was useful for the criminal investigation agency of the United States Department of Justice, FBI, to clarify a murder attempt. It is the case of a man who is now accused of planning the murder of his wife through a hitman in the state of Tennessee.

A private BBC report alerted the FBI that Ann Replogle’s life was in danger, as she was the target of contract murder. Somehow, the news outlet had learned that the woman should be attacked at the precise moment in which she was taking her pet to a scheduled appointment with the vet.

According to court documents, the information provided about the attack accurately indicated the date, time, make, model and color of the car in which Replogle would be traveling. With such data in their hands, FBI agents contacted the woman and her husband to update them on the wake-up call.

Later, when officials asked the couple if they suspected someone who wanted to harm them, they replied that they could not think of anyone in their environment who might have the intention of hurting them.

Later, however, the FBI investigation revealed that the Coinbase cryptocurrency wallets of Nelson Replogle, the victim’s husband, had transferred $17,800 worth of bitcoins.

By scanning the blockchain, the agents verified that Nelson Replogle had transferred his bitcoins to an address published on a murder-for-hire page he found on the dark web. In addition, Coinbase provided the agents with the photos and data that the man had used to verify his identity when registering on the platform.

Nelson Replogle was arrested on April 21 and is due to appear in court later this month, where he faces a 10-year sentence. So far, the FBI has not identified the hit man or group of assassins allegedly hired to participate in the plot.

Bitcoin and cash vs crime

It is true that Bitcoin has a fungibility problem because it is transparent. This transparency allows everyone to check how many bitcoins are in circulation. It is also useful for making sure no one cheats, a feature that cash is not , which is not traceable.

Bitcoin is often associated with illicit activities, but little mention is made that cash remains the preferred method of criminals because it is the most efficient way to evade justice. This was demonstrated by Europol in its report Why is cash still king? Why is cash still king?

However, there are also those who refute the long-standing narrative, which seeks to disqualify bitcoin for its links to crime. As reported by us recently, a former agent of the Central Intelligence Agency (CIA) published a document in which he reached two important conclusions. The first one refers to the broad generalizations about the use of bitcoin in illicit finance is significantly exaggerated. The second is about blockchain analysis as a highly effective crime-fighting and intelligence gathering tool.

Will Ellon
Will Ellon is a The Advertiser Mirror correspondent who covers politics, business, money, lifestyle, games, movies, technology and worldwide news. Will is a talented guy of 23 years old who lives to write for the people about news, opinions and reviews.

Latest news

Crypto colony: is Bitcoin the best option for El Salvador?

El Salvador's President Nayib Bukele activated his laser eyes on Twitter and pushed the bill to make Bitcoin a legal tender.

What are the benefits of using electronic wallets and digital money?

There are new tools for non-contact transactions for individuals and small businesses as digital wallet and money.

Does the Netherlands declare war on Bitcoin?

A Dutch government official argued that digital currency "does not fulfill any of the three functions of money and is practical for criminals."

Someone paid $28 million to travel to space with Jeff Bezos

The traveler beat about 20 rivals in an auction that began on May 19 and whose last 10 minutes were broadcast on television.
- Advertisement -

The Covid-19 pandemic has encouraged child labor in Latin America

Some 8.2 million minors, between the ages of 5 and 17, work in Latin America and the Caribbean, a region that is "far" from eradicating this child activity due to the pandemic.

A estimate that global oil demand will stabilize by the end of 2022

Global oil demand is recovering at a strong pace this June and that trend should continue in the coming quarters, according to the International Energy Agency (IEA).

Must read

- Advertisement -

You Might Also LikeRELATED
Recommended to you