Crypto currencies and crypto-transactions have affected the cybercrime landscape and their use on the dark web was the theme of discussion by panel members present in the inaugural session of the third day and explained how crypto currencies and crypto-transactions have affected the cybercrime landscape and their use on the dark web.
The session was conducted by Assistant Inspector General of Police, Cyber Cell Riyaz Iqbal. IG Maharashtra Police Brijesh Singh, AGD Special Branch Yogesh Chaudhary and Superintendent of Police Cyber Cell Jitendra Singh were present as panelists.
Discussions covered the various types of transaction signatures, commonly used terms and terminology, the use of crypto currencies on the Internet – from trading in the dark web to fees and services.
The second session centered around the investigation of cybercrime related to crypto currencies, in which the Internet audience asked a series of questions during which discussion on a case relating to crypto currencies in which an investor was defrauded to the tune of Rs 1 crore (US$136,000). International collusion was found in this fraud between criminals based in Pakistan, China and other countries.
The next two sessions were addressed by CEO WazirX Nischal Shetty and Sumit Gupta, Founder and CEO, CoinDCX. The sessions discussed the nature of blockchain technology and the merits of a decentralized financial system among other aspects.
The final session was addressed by Mark Bentley, International Instructor Communications Data Specialist, National Cybercrime Law Enforcement UK Police. This session was related to the investigation of crypto currency and the use of crypto currency on the darkweb.