Our Opinion: There are many intrigues in the Fed’s Bitcoin recovery editorial

Here’s a small win: the FBI recovered just over half of the $ 4.4 million cyber thieves who stole ransom money from the Colonial Pipeline.

The ransom was paid in Bitcoin. The invasion of the Bitcoin program enabled the Feds to call for the ransom.

So that tells us a couple of things.

First, the Feds seem to have a few tricks up their sleeves when it comes to dealing with the dark underbelly of the computer underworld.

But more importantly, at least for our Central American neighbor El Salvador, was the mere announcement that Bitcoin was being used for ransomware payment.

El Salvador recently announced that it would be the first country in the world to allow Bitcoin as a legal currency.

As a country with no democratic electoral policy, El Salvador is plagued by corruption and it is easy to see why so many of its citizens risk their lives to enter the US

Basically, El Salvador has just told ransomware hackers that it is open for companies to process their illegally generated criminal proceeds.

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