The FINANCIAL — Bitcoin has been gaining popularity for past years, but despite this fact it still is cyber criminals’ favorite tool. Bitcoin also has a ransomware variant, known as Ryuk. Ryuk was created in 2018 and it is thought to have stolen
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US Department of Justice issues Cryptocurrency Enforcement Framework
The FINANCIAL — Attorney General William P. Barr announced the release of “Cryptocurrency: An Enforcement Framework,” a publication produced by the Attorney General’s Cyber-Digital Task Force. The Framework provides a comprehensive overview of the emerging threats and enforcement challenges associated with the increasing prevalence and use of cryptocurrency; details the important relationships that the Department of Justice has built with regulatory and enforcement partners both within the United States government and around the world; and outlines the Department’s response strategies. “Cryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society. Ensuring that use
