Announced on Wednesday night Recently paid $ 11 million to Bitcoin after a cyberattack closed factories in the US, Canada and Australia.
“Now we have the potential to move millions of dollars worth of cryptocurrencies across borders in seconds,” he said.
“If we were talking about it two years ago, Bitcoin is not the main form of ransom payment,” he said.
Bitcoin and other cryptocurrencies have made it possible to impose huge ransoms from large corporations, hospitals and city governments.
According to court documents, the FBI went through a maze of more than 20 crypto accounts to find hackers.
The FBI discourages ransom payments, and some companies refuse to pay.
“There are insurance companies out there that haven’t written any new business,” he said.