The head of the Central Intelligence Agency confirmed that the agency was involved in the cryptocurrency project.

The director of the Office of Intelligence confirmed that the agency had a lot of work related to crypto, but the news did not surprise anyone.

There are rumors that an unknown and popular cryptocurrency creator may have ties to intellectuals in the community, and cryptocurrency enthusiasts believe the US government is waiting for the US government to use its tools to attack them. enemies lurking in the cryptocurrency landscape.

According to the Motherboard website, CIA Director William Burns concluded his remarks at the Wall Street Journal CEO Summit:

After discussing everything from Russia's potential invasion of Ukraine to the conflict zone, a participant asked if the CIA was involved in cryptocurrency. Cryptocurrencies have played a key role in the ransomware crisis by many US companies, and US officials have worked to address and eliminate this problem.

What does Burns say?

Burns said: "This is where I got my legacy," Burns said. "It all started in my boss' day. The results of this work are information to the US government about what we are seeing."

The CIA's interest in cryptocurrencies is not uncommon, in addition to addressing the independence of the crypto world, cryptography is based on "blockchain" technology that strengthens cryptocurrencies. These tools have always been used by soldiers and intellectuals. Everything counts.

According to Homeland Security information released by Edward Snowden in 2013, "finding" users of Bitcoin and other cryptocurrencies is one of the most important organizations. This has raised concerns that the Department of Homeland Security is using confidential information to prosecute. February 2015 The data is incorrect. Convicted of drug identification and trafficking.

Ulbricht is currently working on Unauthorized Life in the United States, but the FBI has denied using its blockchain technology to contact Ulbricht.

Cryptocurrencies are an important tool in fighting terrorists such as ransomware gangs, and these funds help the CIA track down and catch ransomware terrorists. These groups can wreak havoc in large organizations, and when it comes to infrastructure, their headquarters are often foreign, and sometimes they are seen as links to foreign intellectual organizations.

Ransomware is a type of malicious software that encrypts data on your computer and cannot recover it without knowing the special key. Hackers often want victims to pay a cryptocurrency ransom to gain access to the system again.

For example, in May 2021, a cyberattack on the pipeline of the American company Colonial Pipeline plunged the entire East Coast into a state of insufficiency and panic.

The groups that used ransomware to infect pipeline workers are believed to be in Russia, and the attacks are believed to be the result of years of neglect of network security. . The federal government seems to be aware of this and is starting to pay close attention to it.

The US Cyber ​​Command recently announced that it is launching an offensive against ransomware groups targeting US companies, but no specific action has been taken. This raises concerns about the military response to cybercrime.

Speaking specifically about ransomware at the conference, Burns said cryptocurrencies are a way to identify terrorists hiding through these funds.

As Burns told the public, "Cryptocurrencies can have a huge impact on their opponents, as they say about ransomware attacks. The ransomware attack is financially accessible through various illegal networks .. required with the cryptocurrencies correctly. "