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Interpol hosts meeting on growing popularity of Altcoins among organised criminals

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Altcoins among organised criminals

Interpol has held a meeting focussed on the criminal use of Altcoins, and how law enforcement authorities and prosecutors can best crack down on the manner in which cryptocurrencies are routinely being used to facilitate organised illegal activity.

Convening in the German city of Nuremberg, the second meeting of the Interpol Working Group on Darknet and Cryptocurrencies heard how Altcoins have become an emerging challenge for police investigators across the globe.

Altcoins are alternative cryptocurrencies launched in the aftermath of the runaway success of Bitcoin, which itself is often used by criminals on account of the difficulty of tracing transactions carried out using it.

The meeting saw delegates discuss specific Altcoin products that should be considered a particularly high threat, as well as the most effective current investigative solutions, information sharing on the criminal use of Altcoins, and how to translate the complex technical details related to Altcoins into usable information for law enforcement authorities.

During the two-day October event, participants debated the steps for investigating crimes involving cryptocurrencies, and produced a report on the most significant Altcoins for law enforcement and their tracing capabilities.

The ultimate aim of the group’s work is to develop a common investigative methodology to assist police in counteracting the criminal activities facilitated by the anonymous cryptocurrencies.

Speaking at the conference, Bavarian State Minister of Justice Winfried Bausback said: “Cryptocurrencies give perpetrators the possibility to conceal their cash flows and identities across country borders, enabling them to elude law enforcement authorities.

“We can only confront the global cryptocurrency phenomenon by intensifying the international cooperation of powerful investigative structures.”

Thomas Janovsky, Public Prosecutor General in Bamberg in charge of the Bavarian Central Office for the Prosecution of Cybercrime, commented: “Privacy oriented cryptocurrencies like Monero or Zcash might take over at least some of the market share of the Bitcoin within the criminal environment.

“Police experts, but also prosecutors as well as judges, must adapt to this new reality soon. We all need to get ahead of technological trends to successfully fight against the criminal use of cryptocurrencies.”

Over recent years, organised criminals have increasingly turned to alternatives to Bitcoin such as Monero and Zcash, which focus on user privacy and making transactions more difficult to trace.

In its annual assessment of the threat posed by organised crime last year, Europol concluded: “Cryptocurrencies continue to be exploited by cyber criminals, with Bitcoin being the currency of choice in criminal markets, and as payment for cyber-related extortion attempts, such as from ransomware or a DDoS attack.

“However, other cryptocurrencies such as Monero, Ethereum and Zcash are gaining popularity within the digital underground.”

 

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British men jailed over £5 million Premier League football match streaming scam

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Premier League football match livestreaming operation

Three men have been jailed for a combined total of 17 years by a UK court after being convicted of running a pirate streaming service that offered illegal access to live Premier League football matches to more than 1,000 pubs, clubs and private homes in England and Wales over a 10-year period.

Steven King, Paul Rolston and Daniel Malone, who ran companies trading under the names of Dreambox, Dreambox TV Limited, and Digital Switchover Limited, are said to have raked in over £5 million ($6.53 million) over the decade during which their scam lasted.

Head of the operation King was handed a seven-year-and-four-month sentence, while Rolston was jailed for six years and four months, and Malone for three years and three months.

Warwick Crown Court heard during a four-week trial how the men exploited a range of technologies to facilitate their illicit streaming service, conspiring with a number of third parties both in Britain and throughout Europe to create and illegally broadcast livestreams of games.

Finding all three men guilty of conspiracy to defraud, a judge described the operation as a “dishonest, dodgy business”, noting that the defendants’ efforts to frustrate broadcasters’ attempts to investigate the scam had been an aggravating factor that was reflected in the length of their sentences.

The judge was also critical of the “profoundly dishonest” businesses that profited from using the men’s streaming services without paying broadcasters.

Commenting on the men’s sentences in a statement, Premier League Director of Legal Services Kevin Plumb said: “Today’s decision has provided further evidence that the law will catch up with companies and individuals that defraud rights owners and breach copyright.

“The custodial sentences issued here reflect the seriousness and the scale of the crimes.

“Using these services is unlawful and fans should be aware that when they do so they enter into agreements with illegal businesses.

“They also risk being victims of fraud or identity theft by handing over personal data and financial details.”

Kieron Sharp, Director General of the Federation Against Copyright Theft (Fact), said the length of the men’s sentences demonstrated that the illegal streaming of Premier League football matches is a serious crime, adding: “For those people using services such as this, do not think that this is a grey area – it is not, it is breaking the law.”

It is estimated that the typical British pub that shows Premier League matches legally pays £20,000 a year to broadcasters such as Sky and BT.

 

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Dance music festivals fuelling rise in ecstasy use among young people in South America, UNODC claims

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ecstasy use among young people in South America

Ecstasy and new psychoactive substances (NPS) that mimic the effects of MDMA are becoming increasingly popular among young people in South America, according to a report published by the United Nations Office on Drugs and Crime (UNODC).

In the latest edition of its Global SMART Newsletter for Latin America and the Caribbean, the agency said secondary school pupils and university students are taking the drugs in greater quantities at electronic music festivals.

The report also revealed that some Caribbean countries have experienced an uptick in the use of ecstasy-like substances largely on account of the fact that tourists are bringing the drugs with them while on holiday.

Noting that while seizures of these types of drugs are generally much lower in Latin America and the Caribbean than in North America and Europe, UNODC observes that some countries in the region have seen large amounts of ecstasy-like substances discovered by law enforcement authorities in recent years.

“The market of ecstasy in the region has evolved significantly and has become more complex over time,” the report says.

“Currently, ecstasy is available in two main forms; as tablets containing varying doses of MDMA, ranging from no MDMA at all to high doses, and as powder or in crystalline form.

“Both forms of presentation often contain substances other than MDMA, including NPS with stimulant effects.”

Looking at the emergence of NPS in Latin America and the Caribbean, UNODC said 14 countries in the region have reported the presence of 178 different synthetic drugs belonging to a diverse range of chemical groups over the course of the past decade.

In 2017, more than 60 different NPS were reported to UNODC by nine countries in the region, highlighting the emergence of a trend that the agency said presents a serious threat to public health and challenges for policy makers and law enforcement authorities there.

At the end of last week, UNODC announced that it had donated an on-site drug testing device to law enforcement agencies in Jamaica to help counter the threat of NPS in Latin America and the Caribbean.

After being presented with the device, Cheryl Spencer, UN Ambassador and Permanent Representative of Jamaica, said: “Jamaica regards this support to the country through this device as not only a tangible demonstration of international cooperation but also as technology transfer, elements which are critical to the development of small developing countries like Jamaica.”

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Women and young girls from Myanmar trafficked as ‘sex slaves’ to families in China, HRW report warns

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trafficked as ‘sex slaves’

A new report from Human Rights Watch (HRW) has revealed that young women from Myanmar are being trafficked to China before being locked up and raped until they become pregnant.

Trafficking victims who escaped their captors told the NGO that they were promised well-paid jobs in China by people they trusted such as close relatives, but were instead sold to Chinese families as sex slaves for as much as $13,000.

HRW has accused authorities in both countries of turning a blind eye to the trafficking of women and girls from Kachin and northern Shan States in Myanmar to China, noting that poor human rights protections have made victims easy prey for the organised criminal gangs behind the illicit trade.

Traffickers are said to be able to act with near impunity with little fear of being troubled by law enforcement agencies from either China or Myanmar.

The NGO said families of victims claim they were repeatedly turned away when they reported concerns about the trafficking of their relatives to police, or were asked by law enforcement officers to hand over money before any action would be taken.

Based on the testimony of dozens of trafficking survivors, Myanmar government officials and law enforcement officers, HRW’s report reveals that the families to which victims were sold often appeared to be more interested in having a baby than using the women for sex, and would sometimes allow their “salves” to escape once they had given birth, on the condition that they left their child behind.

One victim told HRW that traffickers told her they would cut off her hands and legs should she attempt to escape, while another described being raped by a man every night, and how she would be threatened with a knife in the event that she refused to have sex.

Heather Barr, HRW Acting Women’s Rights Co-Director and author of the report, said: “The Myanmar and Chinese governments, as well as the Kachin Independence Organisation, should be doing much more to prevent trafficking, recover and assist victims, and prosecute traffickers.

“Donors and international organisations should support the local groups that are doing the hard work that governments won’t to rescue trafficked women and girls and help them recover.”

It is estimated that China has as many as 40 million “missing women” as a result of a preference for boys during the country’s “one-child policy”, which was in place between 1979 and 2015.

The relative dearth of women in China has resulted in some families turning to trafficking from countries such as Myanmar when they want to have children.

 

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