Reply to post: Re: Its impractical of course.

How do we stamp out the ransomware business model? Ban insurance payouts for one, says ex-GCHQ director

Paul Hovnanian Silver badge

Re: Its impractical of course.

"If person A doesn't buy gift cards, but instead buys other items and sells them onto others, the problem is the same."

Yes, but the practicality sending Tide detergent over the Internet as a series of numbers is vanishingly small. Intercepting meaningful quantities of physical products crossing tariff borders is comparatively easy.

"Proceeds of a crime can be ordered seized"

Then why can't we track Bitcoin payments to blackmailers? Or gift card numbers through a hawala?

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