Big four accountancy group PricewaterhouseCoopers (PwC) has issued a special bulletin connecting the Iranian nationals behind notorious SamSam ransomware and the incredibly infamous cryptocurrency exchange WEX (formerly BTC-e). The report alleges SamSam creators Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri used the WEX exchange service to launder sizable chunks of the $6 million in Bitcoin generated throughout their 34-month-long international hacking and extortion spree. “We identified this Iranian money laundering operation as having links with currency exchange WEX (previously known as BTC-e),” declared PwC. “WEX is most notably known for its alleged involvement in laundering of some $4 billion, transferring of funds…
This story continues at The Next Web
Or just read more coverage about:
Bitcoin