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U.S sanctions cryptocurrency exchange over ties to ransomware attacks

U.S 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 U.S. Treasury Department said in a statement on Tuesday.

“Some virtual currency exchanges are exploited by malicious actors, but others, as is the case with SUEX, facilitate illicit activities for their own illicit gains,” according to the statement.

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