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US links $5.2 billion Worth Of Bitcoin Transactions To Ransomware

US links $5.2 billion Worth Of Bitcoin Transactions To Ransomware

US links $5.2 billion Worth Of Bitcoin Transactions To Ransomware The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has identified roughly $5.2 billion worth of outgoing Bitcoin transactions likely tied to the top 10 most commonly reported ransomware variants. FinCEN identified 177 CVC (convertible virtual currency) wallet addresses used for Read more…

Governments Worldwide To Crack Down On Ransomware Payment Channels

Governments Worldwide To Crack Down On Ransomware Payment Channels

Governments Worldwide To Crack Down On Ransomware Payment Channels Senior officials from 31 countries and the European Union said that their governments would take action to disrupt the cryptocurrency payment channels used by ransomware gangs to finance their operations. The joint statement was issued following the virtual Counter-Ransomware Initiative meetings facilitated Read more…

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