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I’m as anti-Bitcoin as the next guy, but I still don’t see how it enables all these ransomware attacks. If the federal government were serious about pursuing th
by bradleyjg 6y ago
I’m as anti-Bitcoin as the next guy, but I still don’t see how it enables all these ransomware attacks. If the federal government were serious about pursuing this why not just follow the public, immutable transfer record and indict and sanction everyone associated with any entity along the way?
Not being able to do business with any business that does business in the United States is a pretty big deal. Not to mention your executives not being able to travel anywhere with an extradition treaty.
- runeks 6y agoIt will probably end up this way. “All outputs in the Bitcoin transaction with hash <...> are illegal to redeem.” This, however, means that criminals (who don’t care about the law) can still use these segregated Bitcoin to transact between themselves — as long as miners aren’t punished by including the illegal transactions in new blocks.
- bradleyjg 6y agoThat seems like the bare minimum but I expect that at some point a ransomware will hit a high enough profile target that the federal goes through the effort of actually tracking down recipients.