the cia is into cryptocurrency director

Cryptocurrencies “could have enormous impact on everything from ransomware attacks, as you mentioned, because one of the ways of getting at ransomware attacks and deterring them is to be able to get at the financial networks that so many of those criminal networks use and that gets right at the issue of digital currencies as well,” Burns said.

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Crypto-Twitter had a field day with Burns’ comments, with varying degrees of seriousness, which proliferated via—what else?—a tweet from the frequently apocalyptic, “Tyler Durden”-authored blog ZeroHedge.

“damm the CIA made Bitcoin smh. Pack it up it’s over,” said one tweet.

The cia is deep into cryptocurrency director reveals

Burns’ predecessor was the one who started the cryptocurrency initiatives to look into the potential repercussions of cryptocurrencies.

It is now official that the CIA is active in crypto. CIA Director William Burns stated that the government agency is working on various cryptocurrency-related projects during the Wall Street Journal’s CEO Summit on Monday. According to Burns, the projects were started by his predecessor, David Cohen.

While some conspiracy theorists believe the CIA invented Bitcoin — even though one computer scientist disagrees – Burns’ interview only verifies the agency’s role.
He described it as a “key priority” for the CIA, and he stated that it would receive “resources and attention” in the future.

Vice claimed that Burns’ admission was “hardly surprising given the focus ransomware is getting from every corner of government.”

On Twitter, some mused that the CIA could even have infiltrated social media groups and might be trying to exert a subtle influence over crypto community members.

The admission appears to have given a new wind to the years-old conspiracy theory that the CIA might be Satoshi Nakamoto or have played a part in creating bitcoin (BTC).

Others quipped that the lure of crypto could prove too strong for some agents.

On Reddit, some speculated that the agency might have its finger in certain privacy coin pies, with one opining:

“[The] CIA definitely wants to know how money is being laundered and spent.


There’s a long-running conspiracy theory among a small number of cryptocurrency enthusiasts that Bitcoin’s anonymous inventor, Satoshi Nakamoto, was actually the CIA or another three-lettered agency. That fringe theory is having a fresh day in the sun after CIA Director William Burns said on Monday that the intelligence agency has “a number of different projects focused on cryptocurrency” on the go.

Burns made his comments at the tail end of a talk at theWall Street Journal‘s CEO Summit. After discussing everything from the possible Russian invasion of Ukraine to the challenges of space, someone in the audience asked if the agency is on top of cryptocurrencies, which are currently at the center of the ransomware epidemic that U.S.
officials are attempting to get a handle on and stamp out. Here’s what Burns said:

“This is something I inherited.

CIA Running a ‘Number of’ Active Crypto Projects, Director Claims

The Central Intelligence Agency (CIA) Director William Burns has admitted that his agency has “a number of different projects focused on cryptocurrency” in progress – and claimed that his predecessor Gina Haspel had “started” the CIA ball rolling in the crypto sphere. What is more, the agency is feeding its crypto “information” to “other parts” of the American government, Burns said.

Haspel served as the CIA Director from 2018 until March this year, when Burns took over.

At a Wall Street Journal-organized event, Burns stated:

“This is something I inherited.

CIA Director William Burns said the agency has “a number of different projects focused on cryptocurrency” on the go.

There’s a long-running conspiracy theory among a small number of cryptocurrency enthusiasts that Bitcoin’s anonymous inventor, Satoshi Nakamoto, was actually the CIA or another three-lettered agency. That fringe theory is having a fresh day in the sun after CIA Director William Burns said on Monday that the intelligence agency has “a number of different projects focused on cryptocurrency” on the go.

Burns made his comments at the tail end of a talk at the Wall Street Journal‘s CEO Summit. After discussing everything from the possible Russian invasion of Ukraine to the challenges of space, someone in the audience asked if the agency is on top of cryptocurrencies, which are currently at the center of the ransomware epidemic that U.S.

CIA Director William Burns stated at the Wall Street Journal CEO Council Summit on Monday that the agency is working on numerous cryptocurrency-related programs. The FBI, according to Burns, is keeping a close eye on the digital asset and ransomware markets. Burns’ predecessor was the one who began Bitcoin efforts to investigate the potential consequences of cryptocurrencies.

CIA confirms it is working on cryptocurrency projects

Image Source: Bitcoin News

CIA Director William Burns said the agency is working on multiple cryptocurrency-related initiatives during the Wall Street Journal CEO Council Summit on Monday.

Burns stated that the FBI is keeping an eye on the digital asset and ransomware markets.

“damm the

CIA made Bitcoin smh. Pack it up it’s over,” said one tweet. Another tweet by crypto influencer Crypto Cobain jokingly ranked crypto projects by their likelihood to be CIA plants. (Most likely memecoin? SafeMoon.)

Some posters even took the opportunity to say that even if Bitcoin was a CIA plant, it wouldn’t matter.

“If it came out (and was proven) that Bitcoin was created by the CIA, it wouldn’t significantly diminish my bullishness. The only thing it would change is my view of Satoshi.

But, crucially, Satoshi is not Bitcoin. That connection was severed years ago,” tweeted Spencer Schiff, who is a Bitcoin promoter and the son of stock broker and anti-crypto advocate Peter Schiff.

Of course, (almost) everyone is just having a bit of fun with the joke that the CIA created Bitcoin.

Here’s what Burns said:

“This is something I inherited. My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we’re seeing as well.”

This is hardly surprising given the focus ransomware is getting from every corner of government. This year, a ransomware attack targeting a pipeline company led to a shutdown, panic buying, and a gas shortage in several states.

Another tweet by crypto influencer Crypto Cobain jokingly ranked crypto projects by their likelihood to be CIA plants. (Most likely memecoin? SafeMoon.)

Some posters even took the opportunity to say that even if Bitcoin was a CIA plant, it wouldn’t matter.

“If it came out (and was proven) that Bitcoin was created by the CIA, it wouldn’t significantly diminish my bullishness. The only thing it would change is my view of Satoshi. But, crucially, Satoshi is not Bitcoin. That connection was severed years ago,” tweeted Spencer Schiff, who is a Bitcoin promoter and the son of stock broker and anti-crypto advocate Peter Schiff.

Of course, (almost) everyone is just having a bit of fun with the joke that the CIA created Bitcoin.

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