Criminology Towards the Metaverse: Cryptocurrency Scams, Grey Economy and the Technosocial

Author:

Mackenzie Simon1ORCID

Affiliation:

1. School of Social & Cultural Studies, Te Herenga Waka–Victoria University of Wellington , Level 9 Murphy Building, Kelburn Parade, Wellington , New Zealand

Abstract

Abstract Online markets in cryptocurrency represent a sprawling and eclectic alternative financial system, selling cutting edge techno-investment schemes that are complex and high risk. Crime control is almost entirely absent from this new crypto economy, and it is full of scams. This paper draws on an ethnography of crypto trading to review the main types of scam, suggesting that the grey economy of cryptocurrency trading is part of a wider evolution of society towards the technosocial, and beyond that perhaps towards the metaversal.

Funder

European Research Council

European Union’s Horizon 2020

Publisher

Oxford University Press (OUP)

Subject

Law,Arts and Humanities (miscellaneous),Social Psychology,Pathology and Forensic Medicine

Reference80 articles.

1. ‘In Digital We Trust: Bitcoin Discourse, Digital Currencies, and Decentralised Network Fetishism’,;Baldwin;Palgrave Communications,,2018

2. ‘The Criminology of Hybrids: Rethinking Crime and Law in Technosocial Networks’,;Brown;Theoretical Criminology,,2006

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