The new structure of the regulator will fight cybercriminals and services that help them illegally obtain digital assets.
The US Department of Justice will set up a “cryptocurrency enforcement team,” Reuters reports, citing Deputy Attorney General Lisa Monaco. According to her, the group will include specialists in the field of cybersecurity and combating money laundering.
“Cryptocurrency exchanges want to be the banks of the future, so we need to make sure that people can trust the systems they use, and we need to be prepared to stop abuse. It’s about consumer protection, ”Monaco explained.
Cyber ransomware usually uses various services to work with cryptocurrencies, the Deputy Attorney General said. She explained that many companies are hiding such facts instead of reporting them to law enforcement, but this is now changing.
At the end of September, hackers from the BlackMatter group demanded a $ 5.9 million ransom in cryptocurrency from the American farm company New Cooperative from Iowa. The cybercriminals attacked the organization’s network by encrypting more than 1 TB of the company’s internal files.
In May, hackers hacked into the internal network of the Colonial Pipeline. Due to the attack, it was forced to stop fuel supplies to several densely populated American states. As a result, Colonial Pipeline paid the hackers about $ 5 million in bitcoins to restore access to the network.
In June, it became known that part of the money stolen from the Colonial Pipeline had been returned. FBI Deputy Director Paul Abbott said law enforcement had seized 63.7 bitcoins ($ 2.3 million) that had previously been sent to the DarkSide hacker group’s wallet.
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