FBI Report: Bitcoin Ransom Payments Total $144M

FBI Report: Bitcoin Ransom Payments Total $144M

A payment of 0.168 BTC (1,557 USD) has been made to a known Sextortion Scam! Details: https://t.co/XwhahfgCf0Tx: https://t.co/30SnXM1y1H — Whale Alert (@whale_alert) February 25, 2020

The $144 million paid in ransoms is rather small and spread out in comparison to exchange hacks, and general crypto scams. Those accounted for billions in the past few years. Ransoms in BTC, however, spread a negative message about crypto coins as a tool for illegal activities. Ransomware demands grew significantly during 2019, based on data from a periodic Kaspersky cybersecurity report. Ransomware spreads on darknet sites, offering new variations of locking programs and even affiliate programs for spreading the files. What do you think about the ransomware threat? Share your thoughts in the comments section below!

Images via Shutterstock, Twitter @Whale_Alert 

 

source: https://bitcoinist.com/fbi-report-bitcoin-ransom-payments-total-144m/

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