For criminals, a cryptocurrency payday is almost too easy
Cryptocurrency has earned a reputation for fast returns on investment, but it’s a vehicle for exploitation too.
by
Alfred Ng
February 14, 2018 5:00 AM PST
Aaron Robinson/CNET
This is part of "Blockchain Decoded," a series looking at the impact of blockchain, bitcoin and cryptocurrency on our lives.
The Winklevoss twins aren't the only ones getting rich off cryptocurrency. Criminals are raking it in too.
Blockchain Decoded graphic
Thanks to the meteoric rise of bitcoin over the past year, you've probably heard of cryptocurrency, or digital money that uses blockchain encryption technology for transaction security. By mid-December, the value of one bitcoin reached more than $19,000. It's since fallen below $7,000, though it's recovered some ground over the past week.
https://www.cnet.com/news/cryptocurrency-cybercrimes-mean-easy-money/
