The City of London may be a global hub for capital, but it is also a magnet for those who prefer to operate in the shadows. Today, British authorities are tracking an alleged member of the notorious Scattered Spider hacking group after his arrest in Finland. The individual, whose identity remains under wraps, is believed to have been living a comfortable exile, perhaps funded by the proceeds of cybercrime.
This arrest is a reminder that even the most elusive digital footprints eventually lead to extradition. The market for illicit crypto gains, much like the gilt market, can turn sour when the central bank of justice steps in.
