Cryptocurrency-Crime Investigation: Fraudulent use of Bitcoin in a Divorce Case

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發表在:International Conference on Cyber Warfare and Security (Mar 2024), p. 34
主要作者: Botha, Johnny
其他作者: Leenen, Louise
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Academic Conferences International Limited
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100 1 |a Botha, Johnny  |u Council for Scientific and Industrial Research, Pretoria, South-Africa 
245 1 |a Cryptocurrency-Crime Investigation: Fraudulent use of Bitcoin in a Divorce Case 
260 |b Academic Conferences International Limited  |c Mar 2024 
513 |a Conference Proceedings 
520 3 |a Bitcoin and cryptocurrency adoption has increased significantly over the past few years. The significant growth in the industry has been matched by growth of crimes in this domain; not only in scams and dark-web illegal trading, but also in white-collar crimes with fraud and perjury occurring increasingly. With blockchain technology, the world of financial infidelity has become increasingly sophisticated. There is a common belief that blockchain and cryptocurrency provide means of hiding funds from the public or close associates who may not be familiar with the technology. The rise of cryptocurrency has also led to spouses hiding digital assets during divorce settlements. This study presents a use case of a couple in the midst of a divorce where one of the spouses was accused of perjury for failure to declare bitcoin holdings, obtained via Bitcoin mining, and possibly other forms of cryptocurrency and digital assets to the court. The plaintiff is entitled to fifty percent of all assets. While property, stocks, bonds, and bank accounts can easily be traced, cryptocurrency assets are more complex to trace but it is not impossible. This paper illustrates how such a case can be investigated by following the flow of funds on the blockchain, using tools such as Maltego and QLUE. The paper thus presents an investigative process that can be followed for a new category of forensic investigation. 
610 4 |a Blockchain.com 
653 |a Explorers 
653 |a Personal information 
653 |a Crime 
653 |a Cryptocurrency mining 
653 |a Law enforcement 
653 |a Divorce 
653 |a Blockchain 
653 |a Digital currencies 
653 |a Privacy 
653 |a Criminal investigations 
653 |a Popularity 
653 |a Fraud 
653 |a Infidelity 
653 |a Bonds 
653 |a Spouses 
653 |a Technology 
653 |a White collar crime 
653 |a Perjury 
653 |a Assets 
653 |a Courts 
653 |a Offenses 
653 |a Stocks 
653 |a Banking 
653 |a Adoption of innovations 
700 1 |a Leenen, Louise  |u University of Western Cape and CAIR, Cape Town, South-Africa 
773 0 |t International Conference on Cyber Warfare and Security  |g (Mar 2024), p. 34 
786 0 |d ProQuest  |t Political Science Database 
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