Attorney General Jeff Sessions: Bitcoin on Dark Web 'Is a Big Problem'

Attorney General Jeff Sessions: Bitcoin on Dark Web ‘Is a Big Problem’

U.S. Attorney General Jeffrey Sessions is concerned about the use of bitcoin and other cryptocurrencies in illicit transactions. During his testimony to the Senate Judiciary Committee on Wednesday, Sessions – a former U.S. senator himself – highlighted the use of bitcoin in response to a question by Senator Dianne Feinstein (D-CA) about dark markets, or online marketplaces Sessions told the committee: “[Dark web users] use bitcoins and other untraceable financial capabilities and it is a big problem.” In his remarks, Sessions referred to the closure of two dark markets, including previous ecosystem leader AlphaBay, following a crackdown by US […]