Cryptocurrency in illicit drug trafficking: issues of deanonymization and liability

Based on the analysis of theoretical material and judicial investigative practice, the article substantiates the conclusion that the “avalanche-like” use of cryptocurrency in the commission of illegal drug trafficking over the past few years is due to its main properties: a) anonymity; b) decentralization; c) cross-border; d) p2p transactions and their high speed; e) the ability to exchange for other cryptocurrencies or Fiat money. The reasons for the displacement of the cryptocurrency Bitcoin a cryptocurrency with higher conspiratorial functions in the last two years (Dah, Monero, ZCach) are analyzed. The author offers some countermeasures: a) the introduction of special software products, aimed at deanonymization transactions with cryptocurrency developed by Bitfury Group; Chainalysis Know-Your Transaction (KYT), a London-Elliptic; b) blocking of websites that provide information about the sale of narcotic drugs; c) the introduction of amendments and additions to the Criminal Code of the Russian Federation and the Russian Code of Administrative Offences.