US government delves deeper into crypto accountability with $10M bounty
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. The U.S. Department of State has announced it will be taking a seemingly more active role in the pursuit of keeping some crypto users accountable.According to a Thursday Bloomberg report, the Biden administration intends to ramp up efforts to trace cryptocurrency payments, particularly when it comes to ransomware attacks. The government plans to address cybersecurity and crypto’s role as payment in such attacks. The report comes as the State Department recently announced its Rewards for Justice....
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The U.S. Department of State has put out an offer for a bounty in crypto up to the tune of $10 million in exchange for actionable information on cyberattacks that are carried out by foreign governments. This will be the first time that the U.S. government has embraced the use of cryptocurrencies to pay for […]
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