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The Colonial Pipeline Hackers STOLE Nearly $90 Million In Bitcoin……


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Darkside is an insidious group.

They recently made headlines when they were able to successfully ransom $5 million from Colonial Pipeline in their latest high profile ransomware attack.

Reports are claiming that this same group has stolen roughly $90 million in Bitcoin through the same types of ransomware attacks.

The group reportedly went offline and lost control of its servers directly following the successful ransom of Colonial, according to a variety of outlets.

It still remains to be seen what will become of Darkside, or if the feds will ever catch up to them.

Here is what people are saying:

Decrypt gave us a glimpse into the BTC ransom:

That may have been a drop in the bucket in DarkSide’s ransomware haul to date, however. Blockchain analytics firm Elliptic issued a report today that claims that DarkSide-affiliated Bitcoin wallets have received more than $90 million worth of total ransom payments to date.

Following a report from DarkTracer that claims that 99 organizations have been infected with DarkSide’s ransomware, Elliptic found that 47 payments—each from a distinct wallet—had been made to DarkSide’s Bitcoin wallets. In total, just over $90 million worth of Bitcoin was paid in, and the firm suggests that “further transactions may yet be uncovered, and the figures here should be considered a lower bound.”

DarkSide’s RaaS model sees the group provide the software for ransomware attacks to so-called “affiliates,” who target high-value companies and attempt to infect and lock down their computer networks and/or steal sensitive data. If a ransom payment is successfully negotiated and secured by the affiliate, then that amount is split between the partners.

CNBC reports:

“To our knowledge, this analysis includes all payments made to DarkSide, however further transactions may yet be uncovered, and the figures here should be considered a lower bound,” said Tom Robinson Elliptic’s co-founder and chief scientist.

Elliptic said that DarkSide’s bitcoin wallet contained $5.3 million worth of the digital currency before its funds were drained last week. There was some speculation that this bitcoin had been seized by the U.S. government.

Of the $90 million total haul, $15.5 million went to DarkSide’s developer while $74.7 million went to its affiliates, according to Elliptic. The majority of the funds are being sent to crypto exchanges, where they can be converted into fiat money, Elliptic said.

 

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