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U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers #14023932 06/07/21 09:28 PM
Joined: Aug 2008
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CaptainCrunch Online Content OP
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Interesting story about the U.S. Justice Dept. recovering $2.3M of the ransom paid out for the Colonial Pipeline hack. So much for your Bitcoin wallet being unbreakable.

https://www.reuters.com/business/en...l-pipeline-ransomware-attack-2021-06-07/

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14023942 06/07/21 09:37 PM
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TexDawg Online Content
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Now if they could just catch and execute those rat bastages

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024111 06/08/21 12:13 AM
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DanDaBald Online Crying
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Originally Posted by CaptainCrunch
Interesting story about the U.S. Justice Dept. recovering $2.3M of the ransom paid out for the Colonial Pipeline hack. So much for your Bitcoin wallet being unbreakable.

https://www.reuters.com/business/en...l-pipeline-ransomware-attack-2021-06-07/


Good - track 'em down and prosecute 'em.


flag NEVER FORGET 9/11/2001 flag
Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024119 06/08/21 12:20 AM
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Allison1 Online Content
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63.7 bitcoins.
Just to show you what you missed in 2010, that was worth $3.82 cents.

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024208 06/08/21 01:29 AM
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WAWI Online Content
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This might throw a kink in the concept of bitcoin

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024239 06/08/21 02:02 AM
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Pintail711 Offline
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Give it time... it’ll be worthless.

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024260 06/08/21 02:44 AM
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Duck_Hunter Offline
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They were apparently able to track the transactions and the company that hosts the wallet allegedly agreed to abide by a US warrant (which makes me think it was a foreign hosting company). The Feds didn’t have a skeleton key to the wallet, apparently.


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Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024278 06/08/21 03:07 AM
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the skipper Offline
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It was easy to see that it wasn't so secure as people claim. The gov isn't going to let millions move around without tracking it.

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: the skipper] #14024284 06/08/21 03:27 AM
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Originally Posted by the skipper
It was easy to see that it wasn't so secure as people claim. The gov isn't going to let millions move around without tracking it.

Exactly

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: the skipper] #14024306 06/08/21 04:36 AM
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Hook'Em 79 Online Content
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Originally Posted by the skipper
It was easy to see that it wasn't so secure as people claim. The gov isn't going to let millions move around without tracking it.


No doubt!


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Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024329 06/08/21 08:15 AM
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Monty Wright Online Content
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Price is down 43% for the month, 39% for the past 3 months, up 241% for the past year


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Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024466 06/08/21 01:03 PM
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[Linked Image]

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: WAWI] #14024596 06/08/21 02:30 PM
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bshort Offline
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Originally Posted by WAWI
[Linked Image]


Yeah.....kinda painful to watch my $ go down the drain, but oh well.

Re: U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers [Re: CaptainCrunch] #14024604 06/08/21 02:37 PM
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Flags Offline
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Seems to me if they could track and return them that they could reverse hack then and take all the assets they hold. Just sayin...


Retired Navy Chief Signalman
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