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Not just to do through the formal banking system, which they have already done, but to patch the hole in that bucket so that the oligarchs can t say, okay, i can t get the formal banking system but turn around and go through the crypto system. by the way, same point with russia itself. remember, putin may be looking to crypto in order to finance much of his war machine. three-quarters of all of the ransomware attacks, money, goes through russia right now. and the idea that foreign countries use crypto to evade sanctions is not some theory. it s happening in practice. in fact we ve documented it. the treasury department has documented it. north korea, iran are using crypto to evade sanctions. so as we tighten around russia these economic sanctions, it s ....
Anymore. juan, it s an uncomfortable truth about crypto in these ransomware attacks. it does feel as if it wasn t for crypto, these ransomware attacks wouldn t be as successful. i think crypto, in particular bitcoin, is the deferred method of payment in the crypto domain, has facilitated the transactions. but ransomware and cyberattacks would be happening anyway and criminal actors would find ways of accessing the payment in some other form or fashion. what s really interesting here, chuck, as you look at the analysis there are really hot spots and elements in the crypto system that congregates the bad actors, where they operate to find malware and ransomware to try to attack as well as then ways to get payment out and into the hands of the criminals. it s not just about criminal ....