Cointelegraph Cites Kelley Drye’s Matt Luzadder

A blog post by partner Matt Luzadder outlining potential ransomware problems surrounding cryptocurrency, was quoted in a Cointelegraph article discussing the usefulness of cryptocurrencies in the on-going battle against ransomware attacks.

The Kelley Drye blog noted that, Within days of the May 8 ransom payment by Colonial Pipeline, Elliptic was able to identify the Bitcoin wallet that received the payment. Further, it [the wallet] had received Bitcoin payments since March totaling $17.5 million.”

You can read the full article here.