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Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency

Ransomware Hackers and Scammers Utilizing Cloud Mining to Launder Cryptocurrency

Ransomware actors and cryptocurrency scammers have joined nation-state actors in abusing cloud mining services to launder digital assets, new findings reveal. "Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it provides a means to acquire money with a totally clean on-chain original source," blockchain analytics firm Chainalysis said in