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The thing I don’t get about these ransomware attacks is that bitcoin isn’t actually anonymous. On the contrary, it’s highly traceable. So we know what entities
by bradleyjg 6y ago
The thing I don’t get about these ransomware attacks is that bitcoin isn’t actually anonymous. On the contrary, it’s highly traceable. So we know what entities (exchanges) are conspiring with these criminals. Why isn’t the FBI going full untouchables on them? Granted if they are in China/Russia there are limits, but even there, we have tools.
- drchopchop 6y agoThey can wash the coins via converting to alts and back, especially at shady foreign exchanges that don't care about KYC/AML. I don't see how the FBI has any jurisdiction, or even whether this is big enough potatoes for them to devote significant time and resources to.
- bradleyjg 6y agoThe US has a lot of tools at its disposal to make life difficult for foreign financial institutions. There’s no legal bar to using them here. I agree that no individual ransomware attack has yet been impactful enough to justify a national response, but cumulatively we are probably there.
- gowld 6y agoForeign attacks on the US are the jurisdiction of the trillion dollar military.
- anaganisk 6y agoSimple there are not meddling with DEA or Hollywood. They're good.