US Feds Seized Most of $4.4 Million Colonial Pipeline Ransom From Bitcoin Wallet

US Feds Seized Most of $4.4 Million Colonial Pipeline Ransom From Bitcoin Wallet


Deputy Attorney General Lisa Monaco

Well isn’t this interesting.

The Justice Department on Monday announced it seized most of the $4.3 million in Bitcoin (75 BTC) ransom Colonial Pipeline paid to hackers.

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The largest US refinery shut two crude units in Port Arthur, Texas last month after hackers caused the Colonial Pipeline to shut down.

Colonial Pipeline paid $4.3 million in Bitcoin to the hackers before announcing it would restart its operations again.

The FBI said Monday during a presser the bureau was able to identify the Bitcoin wallet used by the DarkSide hackers and recover $2.26 million (63.7 BTC).

According to court documents, the FBI was able to identify the wallet through the blockchain public ledger.

“After Colonial Pipeline’s quick notification to law enforcement, and pursuant to a seizure warrant issued by the United States District Court for the Northern District of California earlier today, the Department of Justice has found and recaptured the majority of the

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