"Biden administration hopes to disrupt digital finance infrastructure that facilitates ransomware cyber attacks, a national security threat traced to Russia... 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..." [Pay Wall] https://www.wsj.com/articles/u-s-to-target-crypto-ransomware-payments-with-sanctions-11631885336
"DJ U.S. Sanctions Crypto Exchange Accused of Catering to Ransomware Criminals WASHINGTON -- The Biden administration blacklisted a Russian-owned cryptocurrency exchange for allegedly helping launder ransomware payments, an unprecedented action meant to deter future cyber-extortion attacks by disrupting their primary means of profit. The targeting of SUEX OTC marks the first time the Treasury Department has sanctioned a digital currency platform. The Treasury Department also issued fresh warnings to the private sector that businesses risk penalties and fines for paying ransoms or handling such transactions, especially if they fail to report those activities to authorities..." https://www.sharecast.com/news/mark...to-ransomware-criminals--update--8109202.html
