French Security Official Taken Into Custody For Selling State Secrets In Exchange For Bitcoin

Scandalous breaking crypto news hit France and all of Europe today when a French security official was arrested for allegedly selling state secrets in return for Bitcoin.

He was accused of falsifying administrative documents according to the local French media that contained economic information. Also, the media found the certain connection of the government official with members of organized crime. The deed was discovered by the Judicial Police following the agent’s online activities using his personal code. Each official has his own personal code that can help to track their computer activity.

The agency that’s in charge of fighting against irregular immigration broke down the entire criminal network where the agent was a part of.
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Leaking documents such as these ones that are highly protected and usually are required a higher level of security clearance are considered a hefty penalty.

The French security official is now facing up to seven years in prison and a fine of 100,000 Euros if found guilty.

For this reason, the French stock market regulator put up a blacklist of all websites including ones that do crypto business so they can protect the French customers. Also, the goal of the regulators is to urge the customer to be very careful of such investments and to double check all facts that are put up in an advertising material. Overlooking such elements might bring potential customers some high investment risks.
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Recently, the French regulator received legal power in order to grant permission and licenses to companies that issue ICOs so they can provide an additional guarantee for future customers and users.