The U.S. Department of Justice said Monday that they have recovered “a majority” of the bitcoin funds paid after a ransomware attack against an American pipeline operator.
Colonial Pipeline was hit by the ransomware attack in early May, triggering a temporary shutdown and an East Coast gas shortage across U.S. states in that region. It was later confirmed that Colonial paid 75 BTC, or about $5 million at then-current prices. Some of those funds were later sent to crypto exchanges as well as the dark web market Hydra for cash-outs.
On Monday, deputy U.S. attorney general Lisa Monaco said that an operation was conducted Monday to recover some of the funds, amounting to 63.7 BTC, an amount worth approximately $2.26 million. Monaco characterized the amount as “a majority.” The operation was conducted by a task force dedicated to digital extortion and ransomware established in April. 
“After Colonial Pipeline’s quick notification to law enforcement, and pursuant to a seizure warrant i

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