June 9, 2021

Pipeline Investigation Upends Idea That Bitcoin Is Untraceable

By Erin Griffith Nicole Perlroth Katie Benner

1,421 words

The F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.

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Refreshed on June 9, 2021 at 8:49:12 pm

Headlines and popularity

  1. Pipeline Investigation Upends Idea That Bitcoin Is Untraceable
  2. Bitcoin Was Heralded as Untraceable. The Pipeline Inquiry Upended That.

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Headlines

  • Pipeline Investigation Upends Idea That Bitcoin Is Untraceable
  • Bitcoin Was Heralded as Untraceable. The Pipeline Inquiry Upended That.

Tags

  • Banking and Financial Institutions
  • Bitcoin (Currency)
  • Blockchain (Technology)
  • Colonial Pipeline Co
  • Computers and the Internet
  • Crime and Criminals
  • Cyberattacks and Hackers
  • DarkSide (Hacking Group)
  • Extortion and Blackmail
  • Federal Bureau of Investigation
  • Justice Department
  • Search and Seizure
  • Start-ups
  • Virtual Currency