Some quick thoughts on ransomware as a tractable problem. Create a superfund to hire ransomware developers and support staff. Pay them to do something productive, or at least non criminal. The only people with power over ransomware gangs are the protectors providing the safe havens they reside in. If you cannot make North Korea, China, […]
How to hide money laundering on the blockchain
This is a summary of the key points from this article: How to Not Get Caught When You Launder Money on Blockchain? Seems like successfully laundering Bitcoins is fairly complicated, lots of pitfalls. Secrecy is usually binary, it is all or nothing. If there is secrecy for 99 transactions and then a failure on the […]
Ransomware Prohibition
Theres nothing that can’t be made worse The Treasury has moved to prohibit payment of ransomware ransoms. They’ve said there will be some exceptions, and it is obvious that this won’t be an effective complete global ban on payment. The result, a partial ban on payment, is the worst possible ransomware environment for victims. The […]