Crypto Community Respond To The News That The US Treasury Has Been Hacked

WASHINGTON, May 21, 2020 -- Photo taken on May 21, 2020 shows the U.S. Treasury Department building in Washington D.C., the United States. U.S. Treasury Secretary Steven Mnuchin said Thursday that the administration will carefully review the economic situation in the next few weeks, and that he thinks there is a "strong likelihood" the country will need another COVID-19 relief bill. (Photo by Ting Shen/Xinhua via Getty) (Xinhua/ via Getty Images)
  • Enthusiasts were quick to respond at the end of last week to rumours that hackers had infiltrated the United States Treasury Department.
  • A report indicated that a hacking group was able to gain access to the Treasury Department in the US as well as the national telecommunications and information administration.

Enthusiasts within the industry were quick to respond at the end of last week to rumours that hackers had infiltrated the United States Treasury Department.

A Reuters report indicated that a “sophisticated“ hacking group was able to gain access to the Treasury Department in the US as well as the national telecommunications and information administration.

In response to the event, numerous players as in the crypto space highlighted the advantages that bitcoin has when it comes to situations like this.

The head of business at the Kraken crypto exchange, Daniel Held set on Twitter that the leading cryptocurrency never gets breached. To that end, Anthony Pompliano added to this saying that the crazy as ever “been” hacked.

Despite the attack, it is not clear as to if any finances have been compromised as a result of the event. Currently, the hack has only potentially stolen emails from government agencies.

Taylor Monahan, the founder and chief executive officer of MyCrypto showed no mercy saying:

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