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Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

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“We have seen an aggressive sustained effort on ransomware the last few weeks from the administration that started even before the Suex designation,” Redbord, a former Treasury official, advised CoinDesk in an announcement. “We are rightfully seeing the most focus on hardening cyber defenses, and when it comes to crypto, we are seeing Treasury, DOJ, and others target the illicit parts of the crypto ecosystem rather than the overwhelmingly compliant industry itself.”

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