Seizure of Bitcoin in Ransomware / Colonial Pipeline Case

The Government used the civil forfeiture laws to seize 67.3 bitcoin, valued at over $2 million, that was traceable to the ransom paid by Colonial Pipeline in the May 2021 ransomware case.   The following are the warrant and probable cause affidavit showing how the FBI traced the ransom payment using blockchain analysis. Colonial Pipeline Affidavit […]

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