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The Conversation USA

By concealing identities, cryptocurrencies fuel cybercrime

  • Written by Ari Juels, Professor of Computer Science, Jacobs Technion-Cornell Institute, Cornell Tech, and Co-Director, Initiative for CryptoCurrencies and Contracts (IC3), Cornell University
imageCan criminals use cryptocurrency to hide their identities and activities?Elnur/Shutterstock.com

When hackers hold their victims’ data for ransom, as happened in the WannaCry and NotPetya ransomware attacks that spread across the globe in mid-2017, a key to the criminals’ success is getting away with the money. That often means they use...

Read more: By concealing identities, cryptocurrencies fuel cybercrime

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