US officials recover $2.3M in crypto from Colonial Pipeline ransom

US officials recover $2.3M in crypto from Colonial Pipeline ransom

Government officials did not specify the exact method used to seize the funds from the ransomware group. Officials with a United States government task force have seized more than $2 million in crypto used to pay for ransom following an attack on the Colonial Pipeline system. In a Monday press conference, Deputy Attorney General Lisa Monaco said that the task force “found and recaptured” millions of dollars worth of Bitcoin (BTC) connected to Russia-based DarkSide hackers — the majority of the $4.4 million funds originally paid. A warrant filed with the U.S. District Court for the Northern....


Related News

FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline ...

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....

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.

FBI Seizes 63.7 Bitcoin Allegedly Tied To Colonial Pipeline Hack Ransom

The FBI has seized 63.7 bitcoin that are allegedly part of a ransom paid by Colonial Pipeline to hacker group DarkSide.

U.S. Recovers Millions Paid In Bitcoin For Pipeline Ransomware

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. […]

Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restar...

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....