CIA Director William Burns said the agency has “several different cryptocurrency-focused projects” going on.
The Central Intelligence Agency of the United States, CIA, is deeply interested in cryptocurrencies, reveals the director in a media report Vice.com.
There is a long-standing conspiracy theory among a small number of crypto enthusiasts that the anonymous inventor of Bitcoin, Satoshi Nakamoto, it was actually the CIA or another agency. That fringe theory is having a cool day in the sun after CIA Director William Burns said Monday this week that the intelligence agency has “A number of different projects focused on cryptocurrency” on the progress.
Burns made his remarks at the end of a talk at the CEO Summit of the Wall Street Journal.
Here is the video of his participation:
CIA and cryptocurrencies
After discussing everything from the possible Russian invasion of Ukraine to the challenges of space, one of the attendees who was in the audience asked if the agency is aware of cryptocurrencies, which are currently at the center of the ransomware epidemic that US officials are trying to control and end.
“This is something I inherited. My predecessor had started this but had started a number of different projects focused on cryptocurrency and trying to see second and third order consequences as well and help our colleagues in other parts of the world. The US government will also provide robust intelligence on what we are seeing. “
The answer is related to something that has become a problem: ransomware has attacked different spaces of the government and also the private sector of the US In May of this year, a ransomware attack directed at a gas pipeline company, Colonial Pipeline, sparked shutdowns, panic buying and gas shortages in several states.
Cryptocurrencies “They could have a huge impact on everything from ransomware attacks, as you mentioned, because one of the ways to reach ransomware attacks and deter them is to be able to access the financial networks that many of those criminal networks use and that also achieves on the subject of digital currencies “, Burns said.
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