On May 9 local time, the United States declared a state of emergency because the largest local fuel pipeline operator was offline due to cyber attacks.
According to reports, colonial pipeline, the largest oil product pipeline operator in the United States, was forced to shut down its key fuel supply network in the eastern coastal states of the United States on May 7 local time due to a blackmail software attack, while hackers demanded millions of dollars of virtual currency.
Forced by helplessness, a few hours after being attacked by hackers, the colonell pipeline transportation company paid a ransom in cryptocurrency that could not track transactions. After receiving the payment, the hackers provided decryption tools to help restore its computer network.
According to the latest report, on June 7, the U.S. Department of justice held a press conference to announce that it had recovered the ransom of about $2.3 million (63.7 bitcoins) paid by the colonell oil pipeline company to hackers last month.
That is to say, the US Department of justice has recovered more than 80% of the ransom for bitcoin this time.
Unfortunately, it may be because of the timing of the ransom recovery that the price of bitcoin plummeted today. These bitcoin ransoms only slightly exceeded half of the original ransom value.
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