A big person in charge of money (Deputy Secretary of Treasury) talked about problems with banks using computer money (cryptocurrency). He said bad people use this kind of money to take other people's money and make the country less safe. People are trying to find out how to stop them. Read from source...

- The title of the article is misleading as it suggests that the Deputy Secretary of the Treasury spoke on multiple banking matters, when in fact, the only topic discussed was ransomware attacks and cryptocurrency.
- The article relies heavily on the Financial Crimes Enforcement Network's (FinCEN) report, which is based on voluntary reporting under the Bank Secrecy Act (BSA), and therefore may not provide an accurate or complete picture of ransomware payments made using cryptocurrency.
- The article mentions that ransomware attacks have increased in scale, sophistication, and frequency, but does not provide any data or evidence to support this claim.
- The article cites the Senate Banking Committee's hearing as a source of information, but fails to mention the specific issues or recommendations discussed during the hearing.
- The article includes an irrelevant quote from MarketBeat that promotes Benzinga's services, which may create a conflict of interest for the author and the publication.
- The article ends with a disclaimer that Benzinga does not provide investment advice, but this may not be enough to protect the publication from legal or regulatory issues arising from the dissemination of potentially inaccurate or misleading information about ransomware attacks and cryptocurrency.