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The Wall Street Publication > Blog > Markets > U.S. to Target Crypto Use in Ransomware Attack Payments
Markets

U.S. to Target Crypto Use in Ransomware Attack Payments

Editorial Board Published September 17, 2021
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U.S. to Target Crypto Use in Ransomware Attack Payments
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The Biden administration is preparing an array of actions, including sanctions, to make it harder for hackers to use digital currency to profit from ransomware attacks, according to people familiar with the matter.

The government hopes to choke off access to a form of payment that has supported a booming criminal industry and a rising national security threat.

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