U.S. Department Of Justice Reveals Growing Bitcoin And Crypto National Security Threat Could Herald ‘Oncoming Storm’
Bitcoin and cryptocurrency use by terrorists, rogue nations and other criminals has grown in recent years—with high-profile attacks drawing international attention.
The illicit use of bitcoin and cryptocurrency ranges from money laundering and tax evasion to extortion, with cyber criminals increasingly demanding bitcoin and crypto payments in ransomware attacks on computer systems.
Now, the U.S. Department of Justice (DOJ) has warned the emergence of bitcoin and similar cryptocurrencies is a growing threat to U.S. national security, with the attorney general William Barr’s Cyber-Digital Task Force calling it the “first raindrops of an oncoming storm.”
“Current terrorist use of cryptocurrency may represent the first raindrops of an oncoming storm of expanded use,” the Cyber-Digital Task Force said in a report that found bitcoin and cryptocurrencies pose an emerging challenge to law enforcement activities. “Cryptocurrency also provides bad actors and rogue nation states with the means to earn profits.”
The DOJ report, titled Cryptocurrency: An Enforcement Framework and published by the Attorney General’s Cyber-Digital Task Force last week, found bitcoin and cryptocurrencies have been used to support terrorism, purchase illicit items, conduct blackmail and extortion, cryptojacking and launder funds.
Investigators also said bitcoin and cryptocurrencies could be “detrimental to the safety and stability of the international financial system.”
The response of U.S. and international law enforcement has been held back by inconsistent regulation country-to-country. The DOJ has spent the last two years determining how best to address these issues, according to the document that “outlines the Department’s response strategies.”
PITTSBURGH (KDKA) — With less than a month to go before the general election, a computer problem is causing issues for Pennsylvania voters.
According to the state, this outage began late Saturday.
The outage is impacting multiple state agencies including the Department of State, which oversees voting and election materials.
Pennsylvania’s Secretary of State says this is due to an issue with contractors equipment, and there’s no evidence of malicious interference. All its data is backed up.
Many of the Department of State’s election-related and professional licensing services are affected, including online voter registration and the online application for mail in ballots.
The state’s Secretary of Administration says they are working around the clock to get this problem solved.
What you can do during this outage is download the paper voter registration, mail in ballot applications, and other election related forms and applications.
Links to more information can be found at the following locations:
You can also call the state’s toll-free voter hotline to have applications mailed to you.
The state says that counties will still be able to process registrations, mail-in ballots, absentee ballot applications, and ballots with alternative processes.