A recent report by Europol warns that artificial intelligence (AI) and crypto are granting control to criminal networks. 

The report indicates the integration of AI and blockchain could accelerate organized crime in the future, while the rollout of autonomous AI could result in opportunities for AI-controlled criminal networks. 

Europol cites its recent assessment of organized crime threat that combining AI and crypto could scale online fraud schemes. The authors indicated that AI helps craft realistic narratives incorporating trending societal topics. The authors added that cryptocurrency is the prominent payment method. 

Crypto and Crime

The assessment by Europol shows a far-reaching discovery of the scaled role of crypto in Europe’s serious crime. The authors indicate crypto is now beyond the cybercrime scope as it extends to traditional crimes, including migrant smuggling and drug trafficking. 

The report reveals that crypto is facilitating other crime varieties, including online fraud, cyberattacks, human trafficking, and

Keep reading this article on E-cryptonews.com.

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