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Biden Administration Offers $10 Million Bounty for Helping to Trace Crypto-Paid Hackers

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Thu, 15/07/2021 - 12:56
Biden Administration Offers $10 Million Bounty for Helping to Trace Crypto-Paid Hackers
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According to Bloomberg, the administration of current U.S. president Joe Biden plans to start cracking down on the utilization of crypto coins in ransomware attacks by tracing payments to the hackers who are responsible for them.

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They intend to offer bounties worth $10 million for information that would lead law enforcement teams to the hackers who orchestrated and pulled off those cyberattacks.

In the article, Bloomberg referred to information obtained from anonymous sources "familiar with the matter."

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