US to announce recovery of millions of dollars from Colonial Pipeline ransomware attack

The US Justice Department is to announce the recovery of millions of dollars worth of cryptocurrency from the Colonial Pipeline Co. ransomware attack.

The U.S. Justice Department will announce the recovery of millions of dollars worth of cryptocurrency from the Colonial Pipeline Co. (COLPI.UL) ransomware attack during a news conference at 3:15 p.m. ET (1915 GMT) on Monday, a law enforcement official familiar with the matter said. (Reuters) The United States has recovered millions of dollars in cryptocurrency that was paid as ransom to hackers who shut down the Colonial oil pipeline in May, CNN reported on Monday just as the Justice Department was expected to hold a news conference about the operation.