Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

“Victims of these crimes are placed into forced labor, slavery, involuntary servitude, peonage, and/or forced to engage in commercial sex acts,” the report said. And the use of crypto was on a sharp rise, with 1,975 reports in 2021 eclipsing the 336 in 2020.

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