CIA Deputy Director Michael Ellis said on May 1, 2025 that Bitcoin is not anonymous but pseudonymous, and that US intelligence uses it to gather information on adversaries. According to him, authorities can link a Bitcoin address to a real person, allowing them to track the activity of hostile groups such as drug cartels and terrorist organizations. Ellis also framed Bitcoin as an additional front in the technological competition with countries like China, while stating that Bitcoin is here to stay.
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