Posted on 06/07/2021 3:08:51 PM PDT by Navy Patriot
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Deputy Attorney General Lisa Monaco said investigators had seized 63.7 Bitcoins, now valued at about $2.3 million, paid by Colonial (COLPI.UL) after last month's hack of its systems that led to massive shortages at U.S. East Coast gas stations.
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An affidavit filed on Monday said the FBI was in possession of a private key to unlock the hackers' Bitcoin wallet. It was unclear how the FBI gained access to this key.
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"Today, we've turned the tables on DarkSide," said Monaco, referring to a ransomware group widely believed to have been behind the crippling fuel pipeline attack.
(Excerpt) Read more at reuters.com ...
They can do this to your money in the bank NOW!!
replies #18 and #19
both about sniffing.
Coinkydink or not?
You make the call.
HMMMmmm...
Now just where have I read something like this before?
Seems it was in a really old book.
You mean like "Nothing new under the sun"?
“They can do this to your money now!”
Yes, but they have systems in place like warrants and liens and judgments and appeals.
Not that they work perfectly.
Would you rather the government confiscate a million of your Bitcoin or a million from your certificate of deposit?
Assuming they did it with no legal basis, I’d get it back from the CD eventually. I’d never see the Bitcoin again
This type of thing has been going on for 30 years and finally now the FBI does something?
Probably only to protect Plugs and the Ho
#11. So the “bitcoin” “bit the dust”. Ended up in the “dust-bin” of currency?
I would imagine that the government does host “full nodes” for Bitcoin and other crypto - it would make sense from a law enforcement/intel perspective since these are the nodes that validate all transactions and keep full databases of the blockchain.
Nothing to back this up, but I often wonder if Uncle Sam or another government wasn’t the one who came up with it in the first place - since despite what people say about its security, crypto is much easier to track than cash.
The Feds are trying to sell the public the most ridiculous story ever.
They want the public to believe that the hackers were sophisticated enough to shutdown U.S. pipeline, but at the very same time so dumb to sent it to a U.S. Centralized Crypto Currency Exchange that requires a ID and background check (aka KYC-AML) to store that amount of Bitcoin in it.
This is the equivalent of terrorists getting paid a ransom and then depositing it into their checking account at the biggest public bank.
What this tells us is the people that came up with this ridiculous story do not understand some of the most basic understandings of holding crypto currency.
What is the simplest explanation to you??
There are no coincidences.
“All your bitcoin are belong to us.”
Yours.
Excellent analysis.
If they can, they will.
The most likely explanation.
We are not alone.
The fifth was NSA, so the FBI has been infiltrated.
Interesting market reaction now that folks are discovering that the deep state can “rob the bank” as it were, with impunity.
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