Cryptocurrencies: 2782 / Markets: 19449 Market Cap: 24h Vol:
2019-06-25 02:16:17

Cryptocurrency not the preferred choice of criminals declares Bank of Russia

According to the latest report, the Central Bank of Russia has claimed that criminals in Russia seldom withdraw stolen cash by using digital currency. Bank of Russia’s deputy director of Information Security Department Artem Sychev stated that additional protective measures had been developed and methods of withdrawing funds are also monitored by the bank. Sychev further noted that it is very uncommon to withdraw stolen money using cryptocurrency in Russia. Though there are times when digital currencies are used to withdraw cash. This practice of withdrawing stolen money in crypto is not much prevalent; for an attacker, it is way