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Ransomware got way more viable thanks to crypto. No more need for money mules and shady shell companies, just take moneys in crypto and you’re golden
by nikanj 6y ago
Ransomware got way more viable thanks to crypto. No more need for money mules and shady shell companies, just take moneys in crypto and you’re golden
- greenn 6y agoThat crypto has to become real money at some point. If the ransom is in something like bitcoin (very common) then identification is just a waiting game for that conversion
- bostik 6y agoFunny that you should mention that. It looks like there is an emerging interest to go after the money outlets: https://krebsonsecurity.com/2021/04/task-force-seeks-to-disrupt-ransomware-payments/ https://krebsonsecurity.com/2021/04/task-force-seeks-to-disr...
- leifg 6y agoI doubt that any of the ransomware people will use any crypto exchange. I suspect there is whole network of people that will sell crypto for cash to people who want to buy drugs/other things on the darknet. Maybe there is a handful of corrupt exchanges but the bigger ones already check where your crypto is coming from.