Cencora Faces Backlash Over $75M Bitcoin Cyber Ransom Payment, Here’s Why

Quick Summary:

Healthcare company Cencora is facing backlash from the crypto community following a $75 million cyber ransom payment in Bitcoin.

On-chain analyst revealed the exact BTC transactions in three installments in March.

The fee which was reduced from an initial $150 million demand was paid in three installments in March with affected individuals notified in May.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Bitcoin Bitcoin News Hackers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 16:45:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22579673

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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