Crypto: A Threat to US Security?

Are cryptocurrencies a threat to a country like the United States? For those in power, this is indeed a possibility to be taken into account. For Satoshi Nakamoto, inventor of Bitcoin, and enthusiasts, the goal is the annihilation of the global financial system. According to the Pentagon, eel is under rock: an investigation is essential.

Pentagon taps Inca Digital to assess cryptos

News : The US Department of Defense hires an intelligence firm to assess the threat posed by cryptocurrencies to national security. »

The United States Department of Defense, through the Defense Advanced Research Projects Agency (DARPA), engaged Inca Digital to develop tools to better assess crypto assets. This will focus in particular on the functioning of the cryptocurrency markets and the fight against illicit uses of the latter.

Mark Flood, program manager of this Pentagon-based agency, explains:

The current program here is to map the universe of cryptocurrencies in great detail. »

About Inca Digital

Inca Digital Federal is an intelligence firm specializing in crypto market, blockchain, news and social media data analytics. Thus processed, the information will be given to its customers, which generally consist of technology companies, financial institutions or government entities. These include the Commodity Futures Trading Commission (CFTC), FTX and Fidelity.

Last April, Inca Digital successfully completed a Series A fundraising round initiated by GTS Venture and Galaxy Digital, alongside Menai Financial Group and Wedbush Capital.

The Pentagon’s concern is justified by the existence of several cases of illicit use of cryptocurrencies. The Lazarus Group, for example, if it manages to siphon funds from the crypto universe, North Korea, the country to which it is affiliated, will be able to effectively supply Kim Jung-un’s arms budget. However, we all know that the latter has never stopped brandishing nuclear weapons against the United States since he came to power in 2011.

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