US says it seized $2.3 million in bitcoin from ransom Colonial Pipeline paid to ‘Russia-based’ hackers

The US Department

The US Department of Justice has managed to track down and recapture 63.7 bitcoin worth of ransom from a wallet allegedly used by hackers who extorted Colonial Pipeline. The ransomware attack had caused widespread gas shortages.

With cooperation from Colonial, the DOJ got a warrant in a federal court in California and successfully “found and recaptured the majority of the ransom” from a bitcoin wallet, Deputy Attorney General Lisa Monaco announced on Monday. It was the first seizure of this kind ever, she said.

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