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Doctor of Law, Affiliated Associated professor of Caucasus International University, Head of The
Department to Investigate Offenses Committed in the Course of Legal Proceedings, The Office of The
General Prosecutor of Georgia
Affiliation: Doctor of Law, Affiliated Associated professor of Caucasus International University, Head of The
Department to Investigate Offenses Committed in the Course of Legal Proceedings, The Office of The
General Prosecutor of Georgia1, Master of Law, Prosecutor of The Department to Investigate, Offenses Committed in the Course
of Legal Proceedings 2
Abstract: This article emphasizes the types and threats of cybercrime related to cryptocurrencies. The necessity of implementing legislative
regulations and invention of administrative control mechanisms in
connection with the growth of the digital economy is also discussed.
The presented article also elucidates features of cyber-cartels and
their new instruments, such as “Auction Robots”, for committing
illicit activities as the new type of the organized crime in a digital
world. This work also focuses on describing certain categories of
cybercrime, such as cryptojacking, which is a scheme to use people’s devices (computers, smartphones, tablets and etc.), without
their consent or knowledge, to secretly mine cryptocurrency on the
victim’s dime. To analyze the growth in demand, this work highlights
the index of the whole capitalization and the exchange rates of the
cryptocurrencies. Article also underlines the threat of the element
of anonymity related to cryptocurrencies as the main instrument
for criminals to either disguise terrorism financing or evade paying
taxes. Some valuable examples of amendments developed and introduced by the US and Great Britain legislations to regulate crypto
market and control tax evasion are also cited.
@article {Nadareishvili., Kakulia: 2022,
doi = {10.36475/8.2.8},
url = {https://doi.org/10.36475%2F8.2.8},
year = 2022,
month = {jun},
publisher = {European University Institute of Law},
volume = {8},
number = {2},
pages = {116--130},
author = {I. Nadareishvili, Sh. Kakulia},
title = {Cryptocurrency-Related Cybercrime Types and Threats},
journal = { Law and World }
}
×
TY - JOUR
AU - Nadareishvili I., Kakulia Sh.
DO - 10.36475/8.2.8
UR - http://dx.doi.org/10.36475/8.2.8
TI - Cryptocurrency-Related Cybercrime Types and Threats
T2 - Law and World
PY - 2022
DA - 2022/06/30
PB - European University Institute of Law
SP - 116-130
IS - 2
VL - 8
SN - 2587-5043
SN - 2346-7916
ER -
×
Nadareishvili, I., & Kakulia, S. (2022). Cryptocurrency-Related Cybercrime Types and Threats. Law and World , 8(2), 116–130. https://doi.org/10.36475/8.2.8
×
Nadareishvili I and Kakulia Sh, (2022) ‘Cryptocurrency-Related Cybercrime Types and Threats’. Law and World , 8(2), pp. 116–130. Available at: http://dx.doi.org/10.36475/8.2.8
×
Nadareishvili, Irakli and Shota Kakulia, “Cryptocurrency-Related Cybercrime Types and Threats”. Law and World vol. 8, no. 2, Jun. 2022, pp. 116–130. Database. https://doi.org/10.36475/8.2.8
×
[1] I. Nadareishvili, and Sh. Kakulia, “Cryptocurrency-Related Cybercrime Types and Threats,” Law and World , vol. 8, no. 2, pp. 116–130, Jun. 2022. doi:10.36475/8.2.8
×
Nadareishvili I, Kakulia Sh, Cryptocurrency-Related Cybercrime Types and Threats. Law and World [Internet]. European University Institute of Law; 2022 Jun 30; [cited YYYY Mon DD]; 8(2):116–130. Available from: http://dx.doi.org/10.36475/8.2.8
×
Irakli Nadareishvili and Shota Kakulia, “Cryptocurrency-Related Cybercrime Types and Threats”. Law and World , 8(2), 116–130. doi:10.36475/8.2.8
Bernardi M., Charoenwong B., (2022). “A Decade of Cryptocurrency Hacks: 2011-2021”, Business School, National University of Singapore.(In Georgian)
Used Literature:
Weiss. P., (2019). “Cryptocurrency”. Rifkind, Wharton & Garrison LLP (Multinational Law Firm). (In English)
Teslenko A.V., Konieva F. I., (2019). “Robotization of sales – new challenge to combat the cyber-cartels”. Iustitsinform. Collection of scientific works. (In Russian)
Ivashenko K.A., (2021). “Digital Cartels as the new type of cybercrime”. Collection – Cybercrime: Risks and threats. (In Russian)
Dr. Houben R., Snyers A., (2018). “Legal contexts and implications for financial crime, money laundering and tax evasion”, European Parliament (Policy Department for Economic, Scientific and Quality of Life Policies Directorate-General for Internal Policies)
Lapuh Bele J., (2021). “Cryptocurrencies as facilitators of cybercrime”. SHS Web of Conferences Volume 111.
Coinmarketcap, (6 May, 2022). Web-site showing the capitalization and exchangerates of cryptocurencies https://coinmarketcap.com [Last seen: 10 June, 2022]
Dr. Houben R., Snyers A., (2018). “Legal contexts and implications for financial crime, money laundering and tax evasion”, European Parliament (Policy Department for Economic, Scientific and Quality of Life Policies Directorate-General for Internal Policies), P. 9