US DoJ Willing to pay $10 Million in Cryptocurrency for Information

In one of the latest plus for the burgeoning crypto industry, the US Department of Justice (DoJ) has announced that it is willing to reward people who provide it with “information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further revealed that it could reward the informant with as much as “$10 million” and it could be paid in “cryptocurrencies.”

The DoJ revealed that its new announcement is part of its Rewards for Justice (RFJ) program. Per the agency, informants would get up to $10 million “for information leading to the identification or location of any person who, while acting at the direction or under the control of a foreign government, participates in malicious cyber activities against U.S. critical infrastructure in violation of the Computer Fraud and Abuse Act (CFAA).”

The RFJ program was launched in 1984 by the Act to Combat International Terrorism. According to its website, the aim of the program is “bring international terrorists to justice and prevent acts of international terrorism against U.S. persons or property.” And since then, the program has rewarded up to 100 people with almost $200 million.

To protect its informant, the program has a “Dark Web (Tor-based) tips-reporting channel” which helps to protect the identity of its sources from the malicious players. 

Crypto Attorney for DoJ

It would be recalled that the government agency is also trying to recruit an attorney that would be saddled with trying crypto-related cases. This is part of its wider efforts towards policing the crypto industry.

According to the notice published by the DoJ, its recruitment efforts falls under “its digital currency initiative” with the position’s responsibilities includes “identify(big) unexploited opportunities to target for criminal prosecution the professional money launderers, money transmitters, gatekeepers, and financial institutions.”

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