Cryptocurrency and deepfake technology are troubling the entire U.S. government, with online scammers embracing digital innovation so fast that law enforcement can barely keep up, the FBI said.
Bryan Vorndran, assistant director of the FBI’s Cyber Division, said Tuesday during a Bloomberg virtual panel on cybersecurity: “Cryptocurrency is the primary tool for facilitating extortion, the only game in town. We all know that blockchain presents us with some opportunities, but whether through extortion payments or theft, cryptocurrencies are a huge challenge for us.