Post
Topic
Board Bitcoin Discussion
is Bitcoin used to extort people?
by
zakalwe
on 25/03/2018, 16:54:21 UTC
Because of the semi-anonymous nature of Bitcoin, it’s used in ransomware attacks. Hackers breach networks and hold them hostage until payment is made to them. Hospitals and schools have been victims of these types of attacks. However, unlike cash, which was favored by thieves in the past, Bitcoin always leaves a trail in the blockchain that investigators can follow.