Cryptocurrencies have transformed the digital economy, offering speed, decentralization and global access. However, these same characteristics have made them an attractive tool for cybercrime.
In Spain, cryptocurrency crimes have grown exponentially, generating complex investigations and judicial proceedings that affect both victims and accused persons. Understanding how these assets are used in criminal activity and what steps to take if you become involved is essential to protect your assets and your freedom.
How do criminals use cryptocurrencies?
Cybercriminals use cryptocurrencies to move, hide and transform illicit proceeds quickly and across borders. The absence of traditional intermediaries and the possibility of conducting pseudonymous transactions make immediate tracking of funds difficult.
However, blockchain technology, the foundation of currencies like Bitcoin or Ethereum, leaves an immutable record of each transaction. According to the Budapest Convention on cybercrime, this traceability can become key evidence for investigation and prosecution. The upcoming Hanoi Convention, which will be signed in October, will expand this international cooperation, incorporating specific protocols for cryptocurrencies and other virtual assets.
In our firm we closely follow the recommendations and trends discussed at events such as the Octopus Conference and the Global Conference on Criminal Finances and Cryptoassets. This allows us to design defense strategies and prosecution aligned with the latest standards, leveraging the opportunities provided by international cooperation and blockchain traceability technologies.
Most common types of cryptocurrency crimes
What is a cryptocurrency scam and how does it work
It consists of inducing a person to transfer cryptocurrencies under deception, with intent for profit and to the detriment of the victim. In Spain, it is punished under article 248 of the Criminal Code, with penalties that can reach eight years if aggravating circumstances such as high amount or membership in a criminal organization are present.
What is ransomware and why is it paid in cryptocurrencies
How to file a complaint if I am a victim of a cryptocurrency crime
Where and how to file a complaint for crypto fraud
You can go to the National Police (UDEF), Civil Guard (Computer Crimes Brigade) or Economic Crimes Prosecutor’s Office. The complaint must be clear and accompanied by all possible evidence.
Documentation and evidence I need to present
Include chronology of events, wallet addresses, screenshots, contracts, emails and any communication with the alleged perpetrator.
Precautionary measures to block wallets and accounts linked to the crime
An attorney can request the judge to issue a preventive seizure of cryptocurrencies and block accounts to prevent assets from disappearing.
Acting quickly is key
In cybercrime with cryptocurrencies, time works against you. Transactions can disperse funds in seconds and move them to jurisdictions without cooperation. Whether you are accused or a victim, having specialized criminal defense from the first moment can make the difference between recovering your money or your freedom… or losing it all.
Contact now with an attorney expert in criminal defense and cryptocurrencies to evaluate your case and act immediately.
Do you need legal help?
I am Víctor Ávila, a criminal defense attorney and I want to help you.
Abogado penalista en Madrid (Graduado en Derecho y ADE con Máster de Acceso a la Abogacía), experto en procedimientos complejos y técnicos en Derecho Penal. Cuenta con títulos como el Curso de DerechoPenal Avanzado impartido por magistrados del Tribunal Supremo en el Iltre. Colegio de Abogacía de Madrid.