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22 June 2021

U.S. Senator blames crypto for rising ransomware attacks | CryptoSlate

U.S. Senator blames crypto for rising ransomware attacks | CryptoSlate


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“It took gasoline and beef for us to think this is really a serious problem,” he said, adding that the anonymity provided by cryptocurrencies was a negative feature as they allow for untraceable ransom payments.

The senator added lawmakers should not allow cryptocurrencies to operate “behind the scenes” as they were a “fairly easy” way for hackers to receive money for their attacks.

Mark Warner, another US senator, stated that lawmakers were just starting to see the “dark underbelly” of cryptocurrencies.

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