Cryptocurrencies' transparent transactions are proving that shady deals using the technology might not be as hidden as criminals believe it to be. — REUTERS
Regulators have repeatedly criticised the growth of cryptocurrencies such as bitcoin because of their popularity with criminals but the technology's transparent transactions can also work against law breakers.
The lesson is one that has been learnt by cybercriminal hackers Darkside the hard way after the organisation extracted a US$4.4mil (RM18.12mil) ransom from oil company Colonial Pipeline in bitcoin.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
