US Crime News

Bill Calls For Study on Cryptocurrency Use in Sex Trafficking

Bill Calls For Study on Cryptocurrency Use in Sex Trafficking
A bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong, on Feb. 28, 2014. PHILIPPE LOPEZ/AFP/Getty Images
Joshua Philipp
|Updated:
The U.S. government may investigate how cryptocurrencies such as bitcoin are being used in sex trafficking under a bill proposed by the House Financial Services Committee on June 12.
According to a June 11 memorandum, the “Fight Illicit Networks and Detect (FIND) Trafficking Act” would require the U.S. Comptroller General “to carry out a study on how virtual currencies and online marketplaces are used to buy, sell, or facilitate the financing of goods or services associated with sex trafficking or drug trafficking, and for other purposes.”
Joshua Philipp
Joshua Philipp
Author
Joshua Philipp is senior investigative reporter and host of “Crossroads” at The Epoch Times. As an award-winning journalist and documentary filmmaker, his works include "The Real Story of January 6" (2022), "The Final War: The 100 Year Plot to Defeat America" (2022), and "Tracking Down the Origin of Wuhan Coronavirus" (2020).
twitter