Bitcoin and Other Crypto Assets Are Tools That Can Be Used for Intelligence Gathering, Says CIA Deputy Director

By: the daily hodl|2025/05/03 04:15:02
0
Share
copy
The deputy director of the Central Intelligence Agency (CIA) says that the law enforcement and intelligence community can use crypto to track down US adversaries and disrupt their activities.In an interview with crypto bull and influencer Anthony Pompliano, Michael Ellis says that Bitcoin (BTC) and other cryptocurrencies have potential uses amid views that bad actors use these assets to carry out illicit activities.“We use technology as a tool and Bitcoin and other cryptocurrencies are another tool in the toolbox. It’s something that we can use to disrupt our adversaries’ use of it and we can use these technologies to collect more intelligence, to gather more information about them. In that respect, Bitcoin is actually very similar to other sorts of advanced technologies and one that we have to prioritize.”Ellis also says that crypto is not a passing trend. He says that while not everyone in the government shares open or progressive views about new technologies, he and CIA Director John Ratcliffe are helping lead changes in the intelligence agency.“Bitcoin is here to stay. Cryptocurrency is here to stay. More and more institutions are adopting it and I think that’s a great trend and one that this administration has been obviously leaning forward to.” Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price ActionSurf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.Generated Image: MidjourneyThe post Bitcoin and Other Crypto Assets Are Tools That Can Be Used for Intelligence Gathering, Says CIA Deputy Director appeared first on The Daily Hodl.

You may also like

The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.

The original idea was to combine a bank-licensed compliant entity with an underlying clearing network built over three years by a Silicon Valley giant, to enable seamless payments for everything you can imagine

February 25th Market Key Insights, How Much Did You Miss Out?

1. On-Chain Funds: $32M inflow to Ethereum this week; $54.9M outflow from Arbitrum 2. Largest Price Swings: $SN115, $RAVE 3. Top News: Tonight's Circle and NVIDIA earnings reports, AI narrative's impact on crypto market sentiment under scrutiny

Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law

In the world of crypto, the first lesson you learn is the importance of "HODLing" on.

IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi

As DeFi matures and grows more complex, the Curator is becoming a key intermediary connecting risk and users.

DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC

DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC

Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.

Popular coins

Latest Crypto News

Read more