DOJ Recovers Majority Of Colonial Pipeline Ransom Money Used In Extortion Heist

Credit: Jonathan Ernst/Pool via Reuters


The Department of Justice announced Monday that it had recovered $2.3 million in cryptocurrency from criminal hackers who compromised a major U.S. pipeline in mid-May that resulted in fuel outages and hoarding across the East Coast for six days.

The U.S. District Court for the Northern District of California issued a seizure warrant on Monday, allowing the DOJ to take action to confiscate a large chunk of the $4.4 million paid by Colonial Pipeline to the DarkSide ransomware operators, who demanded payment in exchange for unlocking their victims’ stolen digital files.

“The sophisticated use of technology to hold businesses and even whole cities hostage for profit is decidedly a 21st century challenge, but the old adage ‘follow the money’ still applies,” said Lisa Monaco, President Biden’s deputy attorney general, during a press conference on Monday afternoon. “Today we turned the tables on DarkSide.”

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