STEEMIT NEWS (Indonesia) - Bitcoin is a new mode of money laundering. The Corruption Eradication Commission (KPK) has stated that bitcoin has become a new mode in Money Laundering Crime (TPPU). The disclosure of this new mode is based on the Federal Bureau Investigation (FBI) report.
Bitcoin is one type of cryptocurrency or so-called electronic currency. But no one country is a bitcoin or universal.
Because of its nature as an electronic currency, bitcoin has no real form, because it is an electronic currency. Delivery activity and any payment with bitcoin via internet. No bank or agency produces and organizes bitcoins.
Individuals and groups can produce bitcoin by mined bitcoin in the cyber world, although this is quite complicated and requires sophisticated computer specifications. Bitcoin can be used for transactions such as hotel and airline payments in various countries, bitcoin can also be used as an asset in investing.
Because bitcoin also has an exchange rate that is also fluctuating. For example, currently the exchange rate of 1 Bitcoin (BTC) is about Rp 133 million, a few months ago the value of bitcoin even once reached about Rp 200 million for each bitcoin.
Currently bitcoin is often used in crime. In addition to its ease in sending money, bitcoin also offers anonymity for its owners. Users can include the alias name in the bitcoin market. In addition, Indonesia also has no clear rules related to the use of bitcoin.
- Extortion and Threat Against Mall Alam Sutera
The bomb exploded at the Mall Alam Sutera shopping center on October 28, 2015 and left a visitor injured. After the first bomb explodes, the perpetrator threatens the mall's management to blow up 5 more bombs if it does not meet the demands of the perpetrator.
The perpetrator requested sending 100 BTCs to the address he / she has given. At that time, the price of 1 bitcoin around Rp 3.2 million so the amount of funds requested by the perpetrator is Rp 320 million. However, the management only sends 0.25 BTC or approximately equivalent to Rp 700 thousand. Although BTC shipments are far below demand, the perpetrators continue to withdraw the e-currency before being caught by the police.
- Terrorist Funding
In early January 2017, the Financial Transaction Reporting and Analysis Center (PPATK) found a flow of funds from ISIS sympathizers called Bahrun Naim to members of its network in Indonesia for terror financing.
The use of bitcoin in the delivery of funds is a new mode performed by the terrorists. Because of the difficulty of this system so not all members of the terrorist network understand it. The flow of bitcoin funds into terrorist networks is the first time. Previously also had found a flow of funds against terrorist networks by using paypal.
- Hard Device Attack
In May 2017, Indonesia was thrown with news of a racket attack tool called Ransomware Wannacrypt or known in Indonesia as Ransomware WannaCry.
One of the victims was Dharmais Cancer Hospital. The patient's data in the hospital is locked and inaccessible. The perpetrator of the attack will give a certain period to pay some ransom. The perpetrator asked Dharmais Hospital to pay US $ 300 or about Rp 4.1 million to free the locked data.
The perpetrator asked the Dharmais Hospital to pay the ransom using bitcoin. If it is not done or exceeded the time limit specified, the offender threatens the data will be automatically destroyed. Not only Dharmais Hospital is the victim of Ransomware but also Ministry of Religious Affairs and also individuals.
- Production of Porn Videos
The case of pornographic videos involving minors in Bandung, West Java could shock the public. Based on the results of the investigation made apparently the making of the video is the order of the other party.
Perpetrators of the pornographic video maker claimed his side was promised to receive a fee of Rp 30 million with bitcoin for his services to make a video that will be sold abroad. Police kissed the involvement of a third party who acts as an intermediary between the maker and the video subscriber. Because the video maker does not understand at all English so it is somewhat doubtful that the pornographic maker understands Bitcoin.
- Drug Transactions
National Narcotics Agency or BNN Banten Province arrested someone initialed RU after buying raw material ecstasy type Methylenedioxymethamphetamine (MDMA) ordered online from the Netherlands.
RU was arrested at one of Post offices in South Tangerang on Wednesday, January 31, 2018 at around 11:30 pm. From the hands of the perpetrators, the officers secured a package of raw material ecstasy weighing 5.8 grams or estimated to produce more than 3,000 ecstasy pills.