Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing

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Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing

“These malign actors almost exclusively demand cryptocurrencies when extorting large sums of money, because they can take steps to obscure their transactions and circumvent regulatory scrutiny, making payments more difficult to trace,” said Senator Gary Peters (D-Mich.), chairman of the Senate Homeland Security Committee. www.coindesk.com

“These malign actors almost exclusively demand cryptocurrencies when extorting large sums of money, because they can take steps to obscure their transactions and circumvent regulatory scrutiny, making payments more difficult to trace,” said Senator Gary Peters (D-Mich.), chairman of the Senate Homeland Security Committee.

www.coindesk.com