The ransomware surge

Re:The ransomware surge by billytetrud on Friday April 30, 2021 @03:27PM (#26998117)

Kidnappers can also demand dollars for ransom. Are governments going to regulate dollars out of existence? Or are you saying they'll just use it as an excuse to harass bitcoin?

[ Parent | on HN ]

Re:The ransomware surge by RcouF1uZ4gsC on Friday April 30, 2021 @03:50PM (#26998415)

Dollars are a little different in that transferring large amounts anonymously is hard.

Collecting the ransom is probably the point of highest vulnerability and that is something law enforcement agencies like the FBI have used to catch kidnappers.

However, with cryptocurrency, that vulnerability is mitigated a lot, and that completely changes the dynamics.

There is a reason, the ransomware attackers aren't demanding suitcases of cash at pre-ordained meeting sites.

[ Parent | on HN ]

Re:The ransomware surge by jude- on Friday April 30, 2021 @04:43PM (#26999042)

Good thing, then, that Bitcoin is anything but anonymous.

[ Parent | on HN ]

Re:The ransomware surge by hi5eyes on Friday April 30, 2021 @05:22PM (#26999522)

https://techcrunch.com/2021/03/26/chainalysis-raises-100m-do... 2b for a company cexs use to filter out dirty crypto

[ Parent | on HN ]