Communications of the ACM
The Head of the CIA Says It's Been Doing Mysterious Cryptocurrency Work
CIA Director William Burns said cryptocurrency could have enormous impact on ransomware attacks because one of the ways of getting at ransomware attacks and deterring them is to be able to get at the financial networks that so many of those criminal ne
Credit: Getty Images/Futurism
The feds are looking intro cryptocurrencies, and apparently have been since the Trump administration.
This revelation came during the Wall Street Journal's uberhyped CEO Summit on Monday, where as Vice reported, CIA Director William Burns admitted that his agency has "a number of different projects focused on cryptocurrency."
He went on to say that he "inherited" the agency's crypto maneuvers from his "predecessor," a likely reference to the ghoulish Gina Haspel, who was the last to lead the CIA during Donald Trump's presidency.
"My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we're seeing as well," Burns said.
From Futurism
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