Feds Seized the Colonial Pipeline Bitcoin Ransom in California

Wednesday, June 9th 2021, 5:19:51 pm
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The Justice Department announced on Monday that it had recovered $2.3 million of the cryptocurrency ransom paid by Colonial Pipeline Co. to ransomware hackers. The funds were seized from an account located in California, leading many to suspect the ransom was paid to a Coinbase wallet — a claim the cryptocurrency exchange has denied.
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