Ransomware Funds in 2021 Already Dwarf Final Yr’s Whole, FinCEN Experiences

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“We’ve got seen an aggressive sustained effort on ransomware the previous few weeks from the administration that began even earlier than the Suex designation,” Redbord, a former Treasury official, advised CoinDesk in a press release. “We’re rightfully seeing probably the most deal with hardening cyber defenses, and with regards to crypto, we’re seeing Treasury, DOJ, and others goal the illicit elements of the crypto ecosystem somewhat than the overwhelmingly compliant business itself.”

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