How the FBI got Bitcoin back on Reddit . There is no government, company or bank responsible for bitcoins. Buying Bitcoin shouldn't even stop us, I sincerely think that rich old people are trying to make a big deal out of cryptocurrency.
Top Bitcoin Comments on Reddit Today by twocents.lifehacker.com
It doesn't say how they got the private key, but at least explains that they didn't steal bitcoins from the exchange. “Tracking money remains one of the simplest yet powerful tools we have,” said Deputy Attorney General Lisa O. Bitcoin is a decentralized digital currency that is distributed around the world.
There is no government, company or bank responsible for bitcoins.
So if the FBI was able to get the private key of a bitcoin wallet or purse, the ransom payment to the settlers ended up on it. They closed my account so I have to keep it. The Justice Department announced Monday that federal officials have returned $2.3 million in bitcoin that Colonial Pipeline paid to the criminal organization as a result of a ransomware attack.
Here's what we know from court documents and conversations with people familiar with the tactics the Justice Department might use.
Bitcoins are issued and administered without a central authority: the FBI has not hacked Bitcoins. Documents show that an FBI agent used blockchain researchers to track the movement of cryptocurrencies across almost two dozen addresses.
FBI Deputy Director Paul Ebate said federal authorities have confiscated a bitcoin wallet containing proceeds from the attack on the settlement.
Looks like they tracked down the hackers, confiscated the computers they were using, and the wallet was on one of those computers. Click on the question mark for the rest of the keyboard shortcuts. After the colony paid them, the hackers used a simple suitcase to transfer the bitcoins to the exchange, and the FBI was able to trace the coins and seize the BTC.
Dodge bought 63.7 Btc worth about $2.3 million.
We're getting another billion dollars in aid from the United States, but who knows what they're trying to cover! According to the documents, Colonial Pipeline contacted the FBI in early May and told the agency that it had received a subpoena.
However, Colonial Pipeline paid the hackers 75 BTC ($4.4 million).
“Money tracking remains one of the simplest yet powerful tools we have,” said Deputy Attorney General Lisa O. However, the FBI recovered the bitcoins from the bitcoin wallet. Our investigators have recovered millions in crypto that they believe were paid as a ransom to a hacker whose attack last month shut down a major East Coast justice pipeline.
