London Daily

Focus on the big picture.
Sunday, Jul 26, 2026

Millions of dollars in Bitcoin ransom seized from Colonial Pipeline hackers

Millions of dollars in Bitcoin ransom seized from Colonial Pipeline hackers

The pipeline was hacked in May and forced to shut down, causing fuel shortages on the US east coast.

Millions of dollars in Bitcoin paid to hackers after the Colonial Pipeline cyber attack have been recovered by the US government.

The attack prompted the shutdown of the east coast fuel pipeline last month and a $4.4m (£3.1m) payment was made to Russia-based DarkSide attackers.

Officials confirmed on Monday that 63.7 bitcoins, valued at approximately $2.3m (£1.62m), had now been recovered.

The Colonial pipeline runs 5,500 miles from Texas and along the US east coast


Deputy Attorney General Lisa Monaco said: "DarkSide and its affiliates have been digitally stalking US companies for the better part of last year and indiscriminately attacking victims that include key players in this nation's infrastructure.

"Today we turned the tables on DarkSide by going after the entire eco-system that fuels ransomware and digital extortion including criminal proceeds in the form of digital currency.

"We will continue to use all of our tools and resources to increase the costs and consequences of ransomware attacks."

Ms Monaco said it was the first operation by the recently created ransomware and digital extortion task force.

According to an affidavit on Monday, the FBI had obtained a private key to unlock the hackers' Bitcoin wallet

The shutdown caused prices to hit a near seven-year high.


Cyber criminals targeted the Colonial Pipeline - the most important in the US - on 7 May, and the temporary shutdown caused prices to spike to their highest level in nearly seven years.

North Carolina entered a state of emergency and some petrol stations in Virginia ran out of fuel.

People were urged not to panic buy but one video showed two drivers fighting while waiting to fill up.

The pipeline runs from Texas to New York, providing fuel for large parts of the US east coast.

Newsletter

Related Articles

0:00
0:00
Close
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
Cairngorms Wildfire Highlights Growing Pressure on UK Emergency Services
UK Government Borrowing Plans Put Pressure on Ten-Year Gilt Markets
Royal Navy Aircraft Carrier HMS Prince of Wales Returns After NATO Northern Flank Mission
Metropolitan Police Opens Criminal Investigation Into Reform UK Political Donations
Scottish Government Requests Military Support as Cairngorms Wildfire Forces Emergency Response
Andy Burnham Takes Office as UK Prime Minister and Unveils New Cabinet Team
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
UK Government Strengthens Northern Economic Agenda Through Manchester Headquarters and Regional Partnerships
United Kingdom Opens New Furness Peninsula Coastal Route Under King Charles the Third England Coast Path
England Reduces Business Costs for Hospitality Sector Through New Relief Package
United Kingdom Allocates Seven Point Three Million Pounds for Zero-Emission Aviation Research
United Kingdom Begins Restoration Works on Portishead Railway Line After Six Decades Without Passenger Services
United States Tariff Measures Create New Trade Challenges for United Kingdom and European Union Businesses
Prime Minister Andy Burnham Meets Scottish and Welsh Leaders to Promote Regional Growth Cooperation
United Kingdom Government Announces Twenty Percent Business Rates Cut for Pubs, Clubs, and Music Venues
Prime Minister Andy Burnham Opens Manchester Government Headquarters to Shift Decision-Making Away From Westminster
United Kingdom Defence Ministry Says Armed Forces Ready After Iran Accuses London Over US Military Strikes
United Kingdom Inflation Falls to Two Point Six Percent as Prime Minister Andy Burnham Gains Economic Breathing Room
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
×