Colonial Pipeline

Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request
Russia’s top domestic intelligence agency says R Evil the Russia based ransomware group tied to the Colonial Pipeline attack has ceased to exist after it arrested 14 alleged members of the criminal organization last week Coin Desk’s Nikhilesh De discusses the latest global policy and regulation and what this could mean for ransomware attacks in [...]
Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request

cybercrime, hacker
Almost $7M in Bitcoin Held by Colonial Pipeline Attacker Is on the Move
Elliptic has linked the activity to ransomware group REvil, with which DarkSide has close ties, being hacked and forced offline by a U.S. government-led operation.
cybercrime, hacker

SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization

El Salvador's Challenges Implementing Bitcoin as Legal Tender
El Salvador’s Challenges Implementing Bitcoin as Legal Tender
Luke Stokes, of the Foundation for Interwallet Operability, recently visited El Salvador as part of a delegation of crypto entrepreneurs looking to expand bitcoin adoption in the Central American country. He joins “All About Bitcoin” to discuss the key findings from his trip.
El Salvador's Challenges Implementing Bitcoin as Legal Tender

Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack
Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack
Joseph Blount, the CEO of Colonial Pipeline, is testifying before Congress Tuesday over his company’s decision to pay an estimated $5 million in bitcoin to the ransomware hackers.
Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack

U.S. National Security Adviser Jake Sullivan
Biden's National Security Adviser Sees Crypto Role in Cyberattacks as Priority for G-7, NATO
Jake Sullivan said the "cryptocurrency challenge ... lies at the core" of ransomware attacks.
U.S. National Security Adviser Jake Sullivan

How Did Federal Officials Recover $2.3M in Bitcoin Paid to Colonial Pipeline Hackers?
How Did Federal Officials Recover $2.3M in Bitcoin Paid to Colonial Pipeline Hackers?
Department of Justice and FBI officials say they recovered $2.3 million in bitcoin (BTC) Colonial Pipeline paid to a criminal outfit during a ransomware attack. Nikhilesh De, CoinDesk’s Global Policy and Regulation Managing Editor, is looking into how the funds were recovered.
How Did Federal Officials Recover $2.3M in Bitcoin Paid to Colonial Pipeline Hackers?

Ransomware
State of Crypto: Ransomware Is a Crypto Problem
The crypto industry needs to pay attention to – and help fight – the growing ransomware threat.
Ransomware

oil pipeline
CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom
The CEO will face the Senate Homeland Security Committee to explain the reasoning behind his decision to pay a $4.4M bitcoin ransom.
oil pipeline

Lisa Monaco Ransomware
Federal Officials Recover Bitcoin Ransom From Colonial Pipeline Attack
Colonial paid $4.4 million in bitcoin after its systems fell victim to a ransomware attack last month.
Lisa Monaco Ransomware