FinCEN Reports Ransom-Related Crypto Stats

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The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) reports that in the first half of 2021, it identified 177 cryptocurrency wallets associated with the top 10 most common ransomware variants. These wallets were used to make $5.2 billion in potentially related, outgoing Bitcoin transactions. FinCEN estimates that, by the end of the year, […]
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