The Justice Department was recently able to recover $2.3 million worth of bitcoin (BTC-USD) extorted from Colonial Pipeline, suggesting that digital currency may not always be the best tool for criminals.
“It’s not intuitive to a lot of people, but it’s a thing that the public is learning more and more,” Hunter Horsley, cofounder and CEO for Bitwise Asset Management, said about the rise in recovery of stolen cryptocurrency, such as part of the bitcoin ransom paid by Colonial Pipeline to…
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