US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware. The U.
23 Sep 2021, 08:00
US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen.
US Government Targets Crypto Exchanges in Ransomware FightThe U.S. Treasury Department announced a set of actions to counter ransomware Tuesday, which include the publication of an updated advisory on ransomware and the addition of entities to the Office of Foreign Assets Control (OFAC)’s list of Specially Designated Nationals.