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> Using Bitcoin for cybercriminal activities is becoming increasingly commonplace, as tracing payments is much harder due to the way the cryptocurrency works

"Cryptocurrency" is a large set of currencies, each of which work differently. Also, Bitcoin is a public log. It's much easier to trace bitcoin than to trace cash.

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> "Cryptocurrency" is a large set of currencies, each of which work differently.

That's true, which is why the sentence you quoted said "the way THE cryptocurrency works", not "the way cryptocurrency works". The "the" is a back-reference to the particular cryptocurrency that is being discussed here (Bitcoin). This differentiates it from a general statement about all cryptocurrencies.

>"[Bitcoin is] much easier to trace bitcoin than to trace cash."

not true if the traders are cautious with their IPs and use bitcoin laundering services so others can't infer from the transaction graph.

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