Tagged: darkside

CipherTrace Shares Report on Blockchain Analysis that Helped US Seize $2M+ in DarkSide Ransom Paid by Colonial Pipeline

June 17, 2021 @ 7:26 am By Omar Faridi |

On June 7, 2021, the US Department of Justice announced that they had managed to seize 63.69 BTC (valued at around $2.5 million) of the 75 BTC ransom Colonial Pipeline was forced to pay to DarkSide. This ransom recovery is notably the very first undertaken… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Global, Politics, Legal & Regulation | Tagged bitcoin, blockchain analysis, btc, ciphertrace, colonial pipeline, cybersecurity, darkside, department of justice, doj, fbi, national security, raas, ransomware, russia, united states, us, white house

US Government Claws Back Crypto from Ransomware Scam as Feds Flex Growing Tech Muscle

June 8, 2021 @ 8:53 am By JD Alois |

The Colonial Pipeline ransomware attack caused incredible disruptions to the US economy costing businesses and consumers millions of dollars in lost productivity. As the price of gas rose, and people queued up at stations waiting on the dwindling supply due to the malfeasance, the perpetrators,… Read More

Read more in: Blockchain & Digital Assets, Global, Opinion, Politics, Legal & Regulation | Tagged bitcoin, darkside, fbi, federal bureau of investigation, lisa monaco, paul abbate, ransomware, us department of justice