Proceedings of the 1st International Conference on Social Sciences (ICSS 2018)

Money laundering in the IT era

Authors
Diana Darmayanti Putong, Quido Conferti Kainde, Pudji Astuti
Corresponding Author
Diana Darmayanti Putong
Available Online October 2018.
DOI
https://doi.org/10.2991/icss-18.2018.131How to use a DOI?
Keywords
Digital money laudering, technology
Abstract

This article was made with aim to criticize many legal reviews that happened because of the payment towards various property by using virtual currency such a bitcoin or known as cryptocurrency which arose crime method of digital money laundering. The study was implemented with normative method which involved with library study and there also approach in legislation issues along with conceptual approach that is money laundry concept, and cryptocurrency concept. The result of this article was the technology just like two sides of coin which had positive value and negative value. It arose new crime and also renewed the existing crime with more sophisticated concept like the problem that conveyed in this article concerning digital money laundry by using digital media and payment facility with virtual currency which had not had legislation yet and for it needed footprint digital for tracking digital money laundering. Conclusion, there were some lacks in tracking digital money laundering by using footprint digital media that need to be supported by all country and they have to work together against money laundering with arrangement of anti-money laundering.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the 1st International Conference on Social Sciences (ICSS 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
October 2018
ISBN
978-94-6252-588-7
ISSN
2352-5398
DOI
https://doi.org/10.2991/icss-18.2018.131How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Diana Darmayanti Putong
AU  - Quido Conferti Kainde
AU  - Pudji Astuti
PY  - 2018/10
DA  - 2018/10
TI  - Money laundering in the IT era
BT  - Proceedings of the 1st International Conference on Social Sciences (ICSS 2018)
PB  - Atlantis Press
SP  - 658
EP  - 661
SN  - 2352-5398
UR  - https://doi.org/10.2991/icss-18.2018.131
DO  - https://doi.org/10.2991/icss-18.2018.131
ID  - Putong2018/10
ER  -