Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers
Major U.S. oil pipeline system Colonial Pipeline paid a requested 75 bitcoin ransom to hackers who took control of its data last week.Colonial Pipeline has paid 75 BTC (around $5 million at the time of writing) to recover data stolen in a ransomware attack committed by hacker group DarkSide, reported Bloomberg.Colonial is the largest pipeline system for refined oil products in the U.S. The system runs from Texas to New Jersey and spans 5,500 miles, transporting around 45% of fuel consumed on the East Coast. However, the ransomware attack forced the company to shut down the entire pipeline,....
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U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI Recovers Private Key for Over 63 Bitcoin, Investigator Says Real-Time Blockchain Surveillance Used On May 14, Bitcoin.com News reported on the Darkside network of hackers extorting Colonial Pipeline for close to $5....
The FBI has seized 63.7 bitcoin that are allegedly part of a ransom paid by Colonial Pipeline to hacker group DarkSide.
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand the company allegedly fulfilled. Darkside Gang Is Allegedly the Author of the Ransomware Attack According to Bloomberg, Colonial Pipeline paid almost $5 million worth in “difficult-to-trace” cryptocurrencies to hackers allegedly from Eastern Europe. The report contradicts initial claims....
U.S agencies claim they have recovered most of the $4.4 million in crypto paid out to hackers of the Colonial Pipeline. But hazy details around the case leave more questions than answers. Crypto Funds Recovered By U.S Last month, news broke that hackers had exploited a pipeline that carries refined gasoline from Texas to New […]
U.S. authorities have successfully recovered a ransom paid in Bitcoin by the company Colonial Pipeline, per a CNN report. In May, a cyberattack allegedly perpetrated by a Russia-backed hacker group called DarkSide halted the operations of this company. According to the report, Colonial Pipeline controls around 45% of the fuel for the U.S. East Coast. […]