For Ransom, Bitcoin Replaces the Bag of Bills
In the old days, criminals liked their ransom payments in briefcases full of unmarked bills. These days, there’s a new preferred method for hostage takers: the virtual currency Bitcoin. In a modern day version of a mob shakedown, hackers around the world have seized files on millions of computers, taken down public websites and even, in a few cases, threatened physical harm.
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