Research is suggesting that the number of ransomware incidents has risen in 2019. The payment method of choice for the majority of this cybercrime is cryptocurrency, predominantly bitcoin. Could BTC price fluctuations be linked to the increase in this online nefarious activity?
There is no way that these ransomware incidents will drive the price of
BTCitcoin unless people are spending billions of dollars to pay them, these scammers will be caught since they are using
BTCitcoin for these activities and historically we have many spending their time behind bars for using
BTCitcoin for illegal activities.
Yesterday the market went down drastically may be because the scammers stopped accepting BTCitcoin
.