The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls.
  • dhork@lemmy.worldEnglish
    21·
    8 hours ago

    These agencies are sometimes able to retrieve stolen funds. In the case of the Colonial Pipeline ransomware attack in 2021, the Department of Justice (DOJ) was eventually able to recover almost 85% of the bitcoin (BTC) ransom paid to Russian cybercriminal group Darkside. It’s unclear how investigators obtained the hacking group’s private keys.

    Probably the old-fashioned way

    the XKCD with the wrench

  • oxysis@lemm.eeEnglish
    75·
    8 hours ago

    Yet more proof that crypto is only good for criminals

    • sugar_in_your_teaEnglish
      63·
      7 hours ago

      ? Does that imply cash is only good for criminals? Because there’s a lot more money laundering w/ cash than crypto…