Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency
Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency
15 June 2023
Ransomware actors and cryptocurrency scammers have joined nation-state actors in abusing cloud mining services to launder digital assets, new findings reveal.
"Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it provides a means to acquire money with a totally clean on-chain original source," blockchain analytics firm Chainalysis said in