In this video blog post, Mr. Petrus discusses the involvement of Bitcoin in federal drug crimes. Although Bitcoin is used daily around the world for legitimate purchases, it is also frequently used illegally to facilitate federal drug crimes. Many individuals involved in these illegal transactions assume that Bitcoin transactions are untraceable, but this is a misconception. This assumption of anonymity is the main reason that Bitcoin has become so closely associated with illegal activity and the drug trade.
If you believe that you or a loved one may be under criminal investigation in relation to the use of Bitcoin, it is of the utmost importance that you seek legal representation from an experienced federal criminal defense attorney.
To view similar videos from this series, visit the blog of Paul D. Petrus, Jr. at petruslaw.com.