FinCEN

Pierluigi Paganini October 16, 2021
US Treasury FinCEN linked $5.2 billion in BTC transactions to ransomware payments

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) linked roughly $5.2 billion worth of Bitcoin transactions to ransomware. The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has identified approximately $5.2 billion worth of Bitcoin transactions likely associated with operations of top 10 most commonly reported ransomware variants FinCEN analyzed a data set composed […]

Pierluigi Paganini December 06, 2014
Treasury Dept report confirms Tor network abuse in financial crimes

A non-public report realized by the US Treasury Department found that a majority of bank account takeovers exploits the anonymizing the Tor network. A report from the U.S. Treasury Department found that a majority of bank account takeovers by cyber criminals, affected organizations over the past decade, exploited the anonymizing Tor network. The news is shared by the […]