{"id":129048,"date":"2021-10-15T22:23:08","date_gmt":"2021-10-16T05:23:08","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2021\/10\/us-links-5-2-billion-worth-of-bitcoin-transactions-to-ransomware"},"modified":"2021-10-15T22:23:08","modified_gmt":"2021-10-16T05:23:08","slug":"us-links-5-2-billion-worth-of-bitcoin-transactions-to-ransomware","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2021\/10\/us-links-5-2-billion-worth-of-bitcoin-transactions-to-ransomware","title":{"rendered":"US links $5.2 billion worth of Bitcoin transactions to ransomware"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/us-links-5-2-billion-worth-of-bitcoin-transactions-to-ransomware.jpg\"><\/a><\/p>\n<p>The U.S. Treasury Department\u2019s Financial Crimes Enforcement Network (FinCEN) has identified roughly $5.2 billion worth of outgoing Bitcoin transactions likely tied to the top 10 most commonly reported ransomware variants.<\/p>\n<p>FinCEN identified 177 CVC (convertible virtual currency) wallet addresses used for ransomware-related payments after analyzing 2,184 SARs (Suspicious Activity Reports) filed between January 1 2011, and June 30 2021, and reflecting $1.56 billion in suspicious activity.<\/p>\n<p>Based on blockchain analysis of transactions tied to the 177 CVC wallets, FinCEN identified roughly $5.2 billion in outgoing BTC transactions potentially tied to ransomware payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Treasury Department\u2019s Financial Crimes Enforcement Network (FinCEN) has identified roughly $5.2 billion worth of outgoing Bitcoin transactions likely tied to the top 10 most commonly reported ransomware variants. FinCEN identified 177 CVC (convertible virtual currency) wallet addresses used for ransomware-related payments after analyzing 2,184 SARs (Suspicious Activity Reports) filed between January 1 2011, [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,34,45],"tags":[],"class_list":["post-129048","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cybercrime-malcode","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/129048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=129048"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/129048\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=129048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=129048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=129048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}