en
Back to the list

Breaking: FinCEN Links $5.2 Billion to Bitcoin ($BTC) Ransomware Payments

source-logo  coingape.com  + 4 more 16 October 2021 11:56, UTC

The US Treasury Department’s Financial Crime Enforcement Network (FinCEN) revealed a whopping $5.2 billion linked to ransomware payments in Bitcoin ($BTC). Fincen reportedly linked these BTC transactions to the top 10 most common ransomware attacks. The data analyzed by Fincen included 2,184 Suspicious Activity Report (SARs) filed between 1 January 2011 and 30 June 2021 and identified 177 CVC (convertible virtual currency).

coingape.com

Similar news (4)
Add similar news