Biden Administration Plans More Ransom Payment Tracing in Fight Against Attacks The Biden administration intends to crack down on the use of cryptocurrencies in ransomware attacks through more rigorous tracing of proceeds paid to hackers behind the disabling of companies, government agencies and organizations, according to people familiar with the matter. The U.S. strategy will also involve bounties of as much as $10 million for information that leads authorities to cyberattackers, a senior administration official said. The official, in a briefing with reporters on Wednesday, said the White House had formed a task force and that the administration’s strategy included efforts to disrupt ransomware operations, confront the use of cryptocurrencies in the assaults and work with allies to encourage other nations not to harbor attackers.