â…More News Channel – Entertainment Videoâ-ºâ-º The extent to which Britainâs fast-growing network of Bitcoin cash machines is being exploited by drug gangs can be revealed today.Shopkeepers have described to the Mail how teenagers âreeking of drugsâ deposit wads of £50 notes into their digital currency terminals.Up to four in five of those using the new ATMs are suspected drug dealers, one said.Criminals can launder money â” and bypass bank checks â” by putting high-denomination notes into the machines to convert them into Bitcoin.It can then be transferred across borders and withdrawn in any currency, and is hard to trace.A day after Scotland Yard called for a crackdown, warning that criminal gangs are using the machines to launder their dirty cash, a M
Leave a Reply