Federal Officials Recover Bitcoin Ransom From Colonial Pipeline Attack

Coindesk ^ | 6/7/21 | Nikhilesh De

[GOPJ]

The DOJ? Maybe they’ll split the ill gotten loot with the FBI... hard to think of them as ‘good guys’ when they stand with commie thugs.

[gitmo]

That’s the hype for using Bitcoin.

[Pollard]

Good question. Wasn't that about the time it was around $55,000?

Today it's at $35,600.

That's because it tanked because of this news. Every dem believes this admin after all.

[Hiddigeigei]

"How much have they made with the price of fuel skyrocketing?<"
Cutting fracking and the Keystone XL pipeline has/or will have a lot more to do with price at the pump than the temporary annoyance of the Colonial pipeline cyber attack. The cyber attack simply takes the heat off the administration (which may have been its purpose).

[Scrambler Bob]

I’ve heard that also, how Bitcoin transactions were supposedly completely secret.

It’s good they were able to recover that ransom.

= = =

Hey, how about that guy who forgot his ‘password’ and lost jillions?

Supposedly lost forever.

[Chewbarkah]

The mirror is a powerful investigative tool.

[minnesota_bound]

#1 No, the gov’t recovered must of the money but Biden still got his 50%. Remember it was not 10% when his son was taking bribes for his father in the Ukraine.

[Bikkuri]

I messed with it in the early 2000s, was mining in the background.

Computer crash around 2008 or so... lost password. I wonder how much it is worth today :p

(Haven’t messed with it since)

[AustinBill]

Shhh. Don’t spill the beans. You know NSA (and their counterparts around the world) can crack any commercial encryption standard out there. That’s why none of them are approved for military use. Like Churchill and Ultra, they just keep that fact under wraps to avoid spooking the wrong people.

[BushCountry]

In the news today. There are no secrets.

Police arrested more than 800 people worldwide in a huge global sting involving encrypted phones that were secretly planted by the FBI...

[AustinBill]

Back in 1998 when the U.S. government dropped their objections to encryption that’s when it became obvious that this was because they were confident they could read them all. Governments massively influence standards bodies to ensure that the only standards that get approved in this area are ones they can break.

It’s well known that NSA and its counterparts are 20+ years ahead of the commercial space in this type of technology, which again is why none of these standards are approved for high-level military use.

[Drago]

$5 million ramsom and the “Russian hackers” didn’t buy a $100. BTC hardware wallet or use a good password to secure their private key?!?!? Sounds “Sus”...

https://www.zerohedge.com/crypto/colonial-pipeline-hack-russians-fbis-ransom-grab-what-really-happened