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Opinion: Cryptocurrency abuse must come to an end

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May 16, 2021
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Tuesday, August 9, 2022
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Opinion: Cryptocurrency abuse must come to an end

by TheCryptoDirt.com
May 16, 2021
in Cryptocurrency
0

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Re “Cyberattack on Scripps Health has scary, broad implications” (Could 7): Hospitals, pipeline operators, oil corporations, even metropolis governments have all been hit by ransomware assaults. These assaults are occurring increasingly more incessantly they usually all have one factor in frequent: cryptocurrency.

The perpetrators of those assaults demand fee in Bitcoin or another cryptocurrency, as a result of these funds are untraceable and unstoppable.

It’s long gone time to place an finish to those non-governmental currencies. Cryptocurrencies seem to have been created particularly to facilitate unlawful actions. They serve no reliable objective. Their major makes use of are ransomware, extortion and funding terrorists, the drug commerce and little one pornography.

The one technique to finish ransomware is to finish cryptocurrencies.

Ray R. Dunakin III
College Metropolis

Opinion assets

The U-T welcomes and encourages neighborhood dialogue on vital public issues.



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