US officials recover $2.3M in crypto from Colonial Pipeline ransom

Officials with a United States government task force have seized more than $2 million in crypto used to pay for ransom following an attack on the Colonial Pipeline system.

In a Monday press conference, Deputy Attorney General Lisa Monaco said that the task force “found and recaptured” millions of dollars worth of (BTC) connected to Russia-based DarkSide hackers — the majority of the $4.4 million funds originally paid. A warrant filed with the U.S. District Court for the Northern District of California shows that authorities recovered 63.7 BTC, worth roughly $2.3 million at the time.