CoinDesk: Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack
Joseph Blount, the CEO of Colonial Pipeline, is testifying before Congress Tuesday over his company’s decision to pay an estimated $5 million in bitcoin to the ransomware hackers. “The Hash” team digs into how the authorities trace and seize the bitcoin, also opening a more extensive discussion on cybersecurity vulnerability and the role of crypto in ransomware.
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