The US State Department has created a new initiative that seeks to reward informants in exchange for information on cyber criminals and potential terrorists.
As first reported by CNN, the State Department has launched the “Rewards for Justice” (RFJ) program, which will use cryptocurrency to pay anonymous informants for information on enemy hackers or state-backed terrorists responsible for attacks on US businesses and infrastructure. The reward will be offered via a secure portal on the Dark Web.
As per the RFJ website, informants could receive rewards of up to $10 million in the event that the information they provide leads to the successful identification or location on individuals carrying out illicit cyber activities against American interests. The informants will remain unidentified, and can choose to receive their rewards in the form of crypto assets of their choosing.
Although the State Department has declined to elaborate further on the kinds of tips it has received via the RFJ program, it did note that it has thus far been deemed successful. “Within our program, there’s a tremendous amount of enthusiasm because we’re really pushing the envelope every chance we get to try and reach audiences, sources, people who may have information that helps improve our national security,” explained a State Department source. “Finding people where they are and reaching them with the technology on which they are most comfortable, I think, is the name of the game for Rewards for Justice.”
Information for this briefing was found via CNN. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.