US Recovers Millions In Colonial Pipeline Ransom After Tracking Cryptocurrency Payment

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The U.S. government recovered much of the cryptocurrency ransom payment worth approximately $4.4 million that Colonial Pipeline made to hackers last month, the Justice Department announced.

U.S. law enforcement was able to track and seize the transaction back to a cryptocurrency wallet belonging to DarkSide, the eastern European group that conducted the cyberattack on Colonial Pipeline last month, Department of Justice (DOJ) officials said during a press conference Monday afternoon. Investigators credited Colonial Pipeline’s decision to immediately notify law enforcement when it was hacked with its ability to seize the money.


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