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Cybercriminals Buying VPN, Cloud Storage, Other Online Services with Bitcoins

By Valentina Pasquali

U.S. authorities have recently intensified their efforts to trace the cryptocurrency payments cybercriminals make to providers of servers, cloud storage and other digital infrastructure, a federal investigator said Tuesday. Though many mainstream businesses remain wary of bitcoins and other cryptocurrencies, legitimate technology companies that offer online services are more inclined to accept them as payment, Elvis Chan, assistant special agent in charge for national security and cybercrime with the FBI in San Francisco, said at an industry conference. "The reason I know that is that a lot of hackers like to use digital currencies to lease virtual private servers or...

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