Litecoin Is Now a Surprise Favorite of Criminals Tired of Bitcoin

Yahoo Finance Video

Bitcoin, which has for years been the currency of choice on the so-called dark web, is falling out of favor among criminals. This is not surprising given bitcoin’s sluggish processing times, and law enforcement’s growing ability to track its transactions. More surprising is what these criminals are turning to instead. Rather than using one of the newer digital currencies with extra privacy features, such as ZCash or Monero, the most popular alternative is the bitcoin clone, Litecoin.

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