Officials weigh regulations to address role of cryptocurrency in ransomware attacks

by Leandra Bernstein

Tue, June 8th 2021, 10:32 PM UTC

Deputy Attorney General Lisa Monaco announces the recovery of millions of dollars worth of cryptocurrency from the Colonial Pipeline Co. ransomware attacks as she speaks during a news conference with FBI Deputy Director Paul Abbate and acting U.S. Attorney for the Northern District of California Stephanie Hinds at the Justice Department in Washington, Monday, June 7, 2021. (Jonathan Ernst/Pool via AP)

A visual representation of the digital Cryptocurrency, Bitcoin on December 07, 2017 in London, England. (Photo by Dan Kitwood/Getty Images)

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FILE - In this Feb. 9, 2021 file photo, the Bitcoin logo appears on the display screen of a crypto currency ATM at the Smoker's Choice store in Salem, N.H. (AP Photo/Charles Krupa, File)

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