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U.S. Treasury sanctions cryptocurrency exchange for alleged role in ransomware attacks

U.S. Treasury sanctions cryptocurrency exchange for alleged role in ransomware attacks



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10 Comments

  1. and by “role” they mean guilt by association. now let’s talk about the treasury’s actual role in funding terrorists, shall we? then maybe their actual role in destroying the economy and enslaving your unborn children with debt they can never pay….

  2. Let’s see…

    * People didn’t lock up their data, nor did they keep adequate back up copies
    * Those people got hacked and paid a ransom
    * The hackers’ exchange made money
    * The governments wants a share, too

  3. tldr; The US Treasury Department on Tuesday announced it will sanction a cryptocurrency exchange Suex for its alleged role in laundering ransoms for cyberattacks. Ransomware is a type of cyberattack where actors shut down access to key programs and demand payment, usually in a cryptocurrency like bitcoin, to unlock them. The Treasury said ransomware payments totaled more than $400 million in 2020 alone.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. It’s only about control. Money is your only vote and they want to keep it all for themselves and their friends. If you try to get ahead, they need to ensure they get further ahead.

  5. This is going to backfire. Next thing you know hackers will ask for US cash dropped in NK or Afghanistan. Most arent in it for money just the “wreck the system” types. Can’t win when you are fighting ideology. And yes I do think governments are involved. They stand to lose so much when they arent in control of money.

  6. The whole thing is hilarious when you realize that the big banks have been doing the same or worse for decades.

    But they get bail outs.

    The .gov thinks they are beyond reproach but how did those guns that Obama sold to the cartels work out for them.

What do you think?

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