In a recent development in the digital currency world, we saw the reports coming from the Justice Department on June 7 stating that they have recovered around 2.3 million USD as the digital currency which was being paid by the company called Colonial Pipeline Co that went on cracking down over the hackers getting launched in a majority of disruptive US-based cyber-attacks that has come on record. Lisa Monaco, who happens to be the deputy Attorney General claimed that the investigators came across the news about the bitcoin being used to give it to the hackers, which was around 63.7 bitcoin and if you calculate in terms of USD, it comes out to be 2.3 Million. This was paid by the company earlier last month, leading to a massive shortage at the US-based East Coast gas stations. As per the Justice Department, one can find a majority of things found and recaptured in ransom money by the company executive.
In this case, an affidavit has been filed in the local court while the FBI seems to have been taking things under control, saying that they have not got the keys, unlike the e-wallet that carries that huge amount of money in digital currency. However, it is not clear that the investigative agency has gained access to these keys now. We have seen the judge from San Francisco that is being approved the seizure of funds seen from the digital currency address as came while filing the same over the Northern District of California. The Colonial Pipeline seemed to come up with around 5 M USD in order to regain access. Bitcoin was seen coming along with 5 percent in order to get 1800 ET. The value of digital currency seems to have dropped now from 34K USD to 63K USD in the month of April.
Bitcoin seizing seemed very much rare. However, the authorities are seen stepping over the expertise when it comes to monitoring the digital money flow as one can see them growing with the national security threat as putting further in the relationship as found in the US and Russia dealings. Currently, he said one can find things in the pipeline as the VP Mr. John Hultquist coming up and applauding the cyber-security company while moving along with it with the idea of disrupting. One can find the hack being attributed by the security agency when it comes to ganging up the group known as DarkSide, which caused a long shutdown leading to the hike in the price of the hike with the help of buying fuel shortages. It was posed over the key political headache when it comes to President Joe Biden seen like a US-based economy coming in under the Pandemic. Catch more on this on portals like bit qt.
We have now seen the request coming from the White House was seen urging the corporate executives talking to the business leaders that are seen the previous week step into step when it comes to adding up the security measures in order to secure from the attacks of ransomware with the colonial hack and later intrusions, which are seen disrupting issues that come like a key meatpacking company. Paul Abbate, who is the Deputy Director of the security agency FBI also talked about the issue at the very same press conference talked about the Russia-based cyber-crime groups. He said he has been monitoring more than a hundred types of variants of ransomware. The company DarkSide seems to have become the victim, as the healthcare providers claim.
Tom Robinson, who remains the co-founder of the digital currency tracking firm called Elliptic, claimed that the Bitcoin wallet was seen coming up with the funds, and it is seen containing a whopping 70 Bitcoin. With this seizure, Robinson is going to portray a large chunk of digital currency claimed that the DarkSide affiliate is seen coming up with the hacked into the colonial one. As per several investigators, the company DS has remained the partner with several hacking groups when it comes to compromising a number of victims. The company seemed to have come up with the small size share that came with the role of offering the encryption software while negotiating with several victims. This Monday, we were able to find a few minutes that claimed many things.