US sanctions cryptocurrency exchange over ties to ‘ransomware attacks’

The United States imposed sanctions Tuesday on cryptocurrency exchange SUEX for its ties to ransomware attackers, as Washington seeks to crack down on digital crime.The move comes after hacks and data breaches that have targeted a major US oil pipeline, a meatpacking company and the Microsoft Exchange email system, as well as ransomware attacks hitting various sectors.The US Treasury Department did not say if SUEX was implicated in any of those incidents, but noted that 40 percent of the exchange’s known transaction history was linked to “illicit actors.”“Some virtual currency…

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