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

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. Its CEO Joseph Blount was forced to pay the ransom enforced by the hacker on a control room’s main computer. Estimated in around $4.4 million paid in 63.7 Bitcoin.

The operation was carried out by a special ransomware task force created by the U.S. Federal Government. This type of attack has become regular. There is a growing concern in the public and the authorities.

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Deputy Attorney General Lisa Monaco said the following on the operation during a press conference:

By going after an entire ecosystem that fuels ransomware and digital currency, we will continue to use all of our tools and all of our

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