Department of Justice Recovers $2.3 Million in Bitcoin Ransom Paid to Colonial Pipeline Hackers

A portion of the ransom payments made to criminals responsible for the Colonial Pipeline cyber attack that crippled fuel supplies across America’s east coast last month have been recouped.

According to officials from the Department of Justice, law enforcement has been able to recoup $2.3 million worth of bitcoin that was previously paid to DarkSide, the criminal cyber gang responsible for the attack on Colonial Pipeline. “Today we turned the tables on DarkSide,” said DOJ deputy attorney general Lisa Monaco at a press briefing, adding that the funds were collected through a court order.

The DOJ explained that it had identified a crypto wallet used by the hackers when they received payment from Colonial. “Using law enforcement authority, victim funds were seized from that wallet, preventing Dark Side actors from using them,” said FBI Deputy Director Paul Abbate. According to court documents obtained by CNBC, the the wallet housing the bitcoin payment was located in Northern California, which made it significantly easier for law enforcement officers to recover the funds as opposed to the wallet being located on an international network.

Antimony Resources — sponsored Sponsored · Antimony Resources

Information for this briefing was found via CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

Bitcoin Soars to Highest in 5 Months as Correlation With Gold Turns Negative

The price of bitcoin hit the highest in over five months, as an increasing number...

Tuesday, October 12, 2021, 04:32:00 PM

Bitcoin On Edge As Gap From MicroStrategy Margin Call Narrows

Bitcoin is facing a tightening risk backdrop as it wipes out its yearly gains, trades...

Monday, November 17, 2025, 12:57:00 PM

Bitcoin Falls as Turkey Bans Cryptocurrency Payments

Bitcoin suffered a slight decline following its skyrocketing rally over the past week, after the...

Saturday, April 17, 2021, 11:18:00 AM

Hedge Funds Might Soon Have To Report Crypto Exposures

The Securities and Exchange Commission and the Commodity Futures Trading Commission are reportedly putting forward...

Wednesday, August 10, 2022, 02:54:00 PM

Saylor’s Latest Bitcoin Strategy Could Leave MicroStrategy With A $2B Annual Tab

Michael Saylor’s once-swaggering Bitcoin strategy seems to be coming to a close as share issuances...

Tuesday, June 3, 2025, 08:07:27 AM