US State Department to Reward in Crypto for Information on Malicious Cyber Activity
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July 16, 2021

The US Department of State has announced that as a part of its Rewards for Justice (RFJ) program it will be offering a reward of up to $10 million for information on malicious cyber activities against the country.

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The watchdog said in an announcement that the information should help it to identify or locate any person who, while acting at the direction or "under the control of a foreign government," participates in malicious cyber activities against US critical infrastructure.

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The department added that reward payments may include payments in cryptocurrency. However, it remains unclear if the watchdog is willing to pay in privacy-focused cryptocurrencies like monero (XMR).

The move comes amid reports that the Biden administration plans to track the transfers of cryptocurrencies used to pay hackers. The White House created a special division that will monitor the activities of hackers using ransomware viruses, announced Deputy National Security Adviser Anne Neuberger.

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