Cryptocurrency continues to rise as a popular form of payment among criminal activities. A report released by one company called Chainalysis stated that crypto-linked crimes amounted to approximately $14 billion in transactions Cryptocurrencies like Bitcoin have several features that make them unique such as:

No central issuer such as a government or bank
The value is determined by supply and demand
They are exchanged electronically through a peer-to-peer network
They are less susceptible to economic or political problems that affect traditional currencies.

Although these characteristics set cryptocurrency apart from traditional currencies, Bitcoins can be used to buy goods. With this knowledge comes the realization that cryptocurrency fuels a variety of online crimes. These crimes include:

Blackmail scam- cybercriminals threaten to release a victim’s personal information or details unless they are paid in cryptocurrency.
Sextortion- involves blackmailing victims to obtain sexual favors. Cybercriminals may even threaten to post sexually explicit images or videos unless they are paid.
Darknet market- individuals use online markets such as the dark web to buy illegal goods or pay for illegal services.
Ransomware- this malware blocks or encrypts users' systems and computers to demand a ransom payment in cryptocurrency for the reinstatement of their system.
Bitcoin tumblers- are services that mix potentially identifiable Bitcoin transactions to obscure the trail of the original source, which otherwise would be publicly available in Blockchain.

Blackmail, Sextortion, and ransomware are the most commonly reported crimes. According to Europol, crypto currency is resistant to law enforcement disruption and government control due to its distributed nature this is why they have become a common form of payment in the crimes listed above.

To obscure some of these activities individuals may use the dark web. Reports show that 57% percent of dark web content is illegal. This content includes pornography, illicit finances, illegal drugs, weapons, and terrorist communications. Dark web investigations can help shed light on crypto-related crimes. That is why it is important to be familiar with internet sites. There are three types of internet websites:

Surface web- is easily accessible to anyone and is also known as the World Wide Web. It is accessible through standard web browsers.
Deep web- websites that are accessible through standard web browsers. But are considered inaccessible through or are not indexed by search engines not part of the deep web.
Darknet or dark web- websites are unsearchable through common search engines. Special browsers are required in order to access the dark web. Users are able to browse while being protected from surveillance and their IP address is obscured. Accessing the dark web can be accomplished with an onion router or tor browser.

Crypto-related crimes can be uncovered using cryptocurrency forensics. Forensic investigators can track and interpret the flow of cryptocurrency assets on the blockchain. Digital forensics can be used to track browser history searches, for addresses or crypto transactions. To unlock wallets or addresses of interest investigators can analyze system or user artifacts. These include password vaults, static text files, notes files, or encrypted archive files.

Crypto-related crimes can be difficult to uncover and track. Cybercriminals implement many tactics to remain anonymous. Powerful computer forensics software gives investigators everything they need to trace these damaging crimes.