US investigators recover crypto from fuel pipeline ransom – DW (English)

US investigators recover crypto from fuel pipeline ransom – DW (English)

United States investigators said on Monday that they have clawed back millions in cryptocurrency paid as a ransom to hackers who shut down a key pipeline last month.

Deputy Attorney General Lisa Monaco said the US Justice Department had seized 63.7 Bitcoins, currently worth $2.3 million (€1.8 million), paid by the Colonial Pipeline company after a cyberattack last month led to massive shortagesat gas stations on the East Coast.

Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore, Maryland on May 10, 2021

The Colonial Pipeline Company ships gasoline and jet fuel from the Gulf Coast of Texas to the populous East Coast through 5,500 miles (8,850 kilometers) of pipeline, serving 50 million consumers

“The extortionists will never see this money,” said Stephanie Hinds, the acting US attorney for the Northern District of California, where the seizure warrant was filed.

Investigators tracked the payment to a cryptocurrency wallet used by the hackers, believed to be based in Russia.

Officials working on the case have “found and recaptured the majority” of the ransom paid by Colonial, Monaco said.

“Today, we’ve turned the tables on DarkSide,” she said, referring to a ransomware group widely believed to have been behind the crippling fuel pipeline attack.

What happened after the attack?

The hack caused a shutdown lasting several days,
Source…