Bitcoin fell by 10% after the statements of the FBI about the seizure of cryptocurrency from hackers

The authorities were able to seize bitcoins, which changes the perception of the cryptocurrency as not falling under the control of the state, Bloomberg notes.

The bitcoin exchange rate fell by 10% during the day – below $32.8 thousand -possibly due to the actions of the US authorities, who managed to withdraw part of the ransom amount from the electronic wallet of hackers who broke into the computers of the American company Colonial Pipeline. This opinion was expressed on Tuesday with reference to experts by the Bloomberg agency.

The authorities were able to track down the untraceable and seize the bitcoins, this fact changes the perception of bitcoin as a cryptocurrency that does not fall under the control of the state,” the agency quotes the words of an analyst from the company Oanda Jeffrey Halley. He believes that the information about the withdrawal of part of the amount from the hackers ‘ electronic account could lead to the fact that the owners of bitcoin began to sell it.

On Monday, the deputy director of the Federal Bureau of Investigation, Paul Abbott, said at a press conference at the US Department of Justice that his employees managed to find the electronic wallet of hackers who blocked the computers of the Colonial Pipeline Company in early May and to withdraw part of the ransom in bitcoins from there. The Ministry of Justice then clarified that we are talking about 63.7 bitcoins worth $2.3 million. As Bloomberg explains, by such actions, Washington has shown that it can find Internet criminals even abroad. By Tuesday morning, the price of bitcoin was below $32,800, and by midday, it had risen slightly to $33,100.

If you have found a spelling error, please, notify us by selecting that text and pressing Ctrl+Enter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor

Spelling error report

The following text will be sent to our editors:

136 number 0.280473 time