U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers – Reuters
- Date: 08-Jun-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers – Reuters
The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
Deputy Attorney General Lisa Monaco said investigators had seized 63.7 bitcoins, now valued at about $2.3 million, paid by Colonial (COLPI.UL) after last month's hack of its systems that led to massive shortages at U.S. East Coast gas stations.
The Justice Department has "found and recaptured the majority" of the ransom paid by Colonial, Monaco said.
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