Ransomware is fast becoming a potent way for threat actors to strike it rich. In the first six months of 2021 alone, $590 million in ransomware-related suspicious activity was tracked more than the total for all of 2020. Adversaries who cash out on ransomware want to fly under the radar. To preserve anonymity, they take refuge under various forms of virtual currency such as Bitcoin, Monero,. Bitcoin is the main cryptocurrency of choice because it is fairly easy to obtain, provides anonymity, and enables quick payments.”]

