HomeCRYPTO COINSUS Senator Says The Discussion About Cryptocurrency And Ransomware Has Just Begun
US Senator Says The Discussion About Cryptocurrency And Ransomware Has Just Begun
June 7, 2021
US senators want to strengthen cryptocurrency regulations.
Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel.
Two U.S. Senators, Roy Blunt and Mark Warner, discussed cryptocurrency’s role in ransomware in the latest episode of “Meet the Press,” which calls for stronger regulation. Warner said the discussion about cryptocurrencies and ransomware “has only just begun”:
While Warner acknowledged “some good things” coming out of cryptocurrencies, he also noted that ransomware is a “dark spot”:
Earlier this week, JBS, the world’s largest meat supplier, suffered a major ransomware attack. The company had to pay a $5 million ransom in cryptocurrency. The Biden administration is currently focused on investigating the role of crypto in recent ransomware attacks.