Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story
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Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story

THELOGICALINDIAN - On June 7 the United States Justice Department and the Federal Bureau of Investigation FBI appear the accretion of 6370 bitcoin from the funds Colonial Pipeline beatific to the hackers The official adventure has a cardinal of inconsistencies and federal board did not acknowledge how the FBI was able to accroach the Darkside gangs clandestine key

Darkside Ransomware Gang Story Loaded With Discrepancies and a Vague Bitcoin Key Capture

The cryptocurrency amplitude has been discussing the contempo law administration abduction of 63.7 BTC or $2.3 actor account of bitcoin at the time of seizure. There accept been issues with the way the adventure has abundant and bodies are agnostic of the official story. Bitcoin.com News reported on Monday, how the Justice Department and Deputy Attorney General Lisa Monaco appear the access story. Monaco abundant that federal authorities had “turned the tables on Darkside.”

But from the actual moment this adventure bankrupt by a cardinal of boilerplate media outlets, there were a few discrepancies. The aboriginal was whether or not the U.S. government brash Colonial Pipeline to bind the ransomware demands or accurately told the aggregation to pay. If the government did acquaint the business to pay Darkside again it would contradict the government’s attitude against not advantageous ransomware hackers.

Another affair with the aboriginal adventure is back CNN originally reported on the hack, the account aperture claimed the oil aggregation wasn’t intending to pay the ransom. According to Bloomberg, anon after, Colonial Pipeline did pay about $5 actor to the ransomware assemblage Darkside.

Besides the two contradicting elements in both CNN and Bloomberg’s stories, the accessories additionally acclaimed differences with the agenda bill used. CNN originally appear that the acquittal was accepted to be paid in “bitcoin,” while Bloomberg wrote Darkside asked for “difficult-to-trace” cryptocurrencies. CNN’s commodity was adapted afterwards Bloomberg’s commodity appear to reflect the aforementioned narrative.

Then there’s the actuality that it is absurd to able a bitcoin (BTC) key after banishment the buyer to acknowledge the clandestine key. This is a connected affair on Twitter, as the crypto association discusses the bearings of how the FBI abettor acquired the clandestine key. The story’s affirmation filed on June 7, 2021, explains how law administration leveraged “blockchain explorers” to trace the coins. But added than that the affirmation is acutely ambiguous and contains lots of redactions.

The address appear bygone on Bitcoin.com News explains that admiral from Blockchain Intelligence Group (CSE: BIGG) highlight that law administration was abased on “training and assay [that] requires avant-garde accoutrement and learning” Other blockchain surveillance companies additionally followed the ransomware bill as Egg-shaped afresh wrote about afterward Darkside funds.

So far amid all the comments from Monaco, the Justice Department, the FBI agent’s affidavit, and comments from a few blockchain assay teams, there are no dots that are acutely affiliated to how the FBI acquired buying of the clandestine key now in possession.

Crypto Sleuths Discover Hackers Stored Data on the Cloud, Feds Obtain Cloud Server Password via Warrant

A report appear by NPR discloses three accessible scenarios. One possibility, NPR’s Vanessa Romo addendum is that maybe the federal agents were angled off by an cabal in the Darkside gang. The additional approach is that Darkside was “careless” or a affiliate of the assemblage slipped by absolution advice angry to the key.

Another approach could be that the FBI was able to attack a third affair or possibly a cryptocurrency exchange. Some bodies alike aboveboard attacked bitcoin’s “key affairs points” that it was declared to be “beyond the ability of the government.”

The advocate Jake Chervinsky who generally comments on the blockchain and crypto amplitude consistently said: “We don’t apperceive absolutely how FBI bedeviled the Colonial Pipeline bribe [and] they’re not cogent us. The accreditation appliance suggests they got the clandestine key. Maybe from the DarkSide server seizure? There’s no advancement that an barter or babysitter was involved, but that’s possible.”

Independent announcer Jordan Schachtel gave his assessment about the bearings on Twitter and told his 123,000 followers that the “FBI did not ‘hack back’ a bitcoin wallet, admitting claims that they did. It’s mathematically absurd to drudge clandestine keys.” Schachtel continued:

Schachtel and abounding others additionally discovered the accreditation that does announce the U.S. government acquired the key by leveraging a warrant. The announcer said that it was possibly an barter based in San Fransico or a database server based in the accompaniment of California.

The CSO at Coinbase, Philip Martin, said he saw a lot of accusations pointing at Coinbase as possibly actuality “involved” with the seizure. Martin and Coinbase insist that “Coinbase was not the ambition of the accreditation and did not accept the bribe or any allotment of the bribe at any point. We additionally accept no affirmation that the funds went through a Coinbase account/wallet.”

The acclamation attorney, litigator, and bitcoin convenance accumulation leader, Bryan Jacoutot, reiterated the actuality that bitcoin clandestine keys cannot be “hacked.”

“For those of you who anticipate the US gov’t absurd SHA-256 and accurately estimated the clandestine key of the Colonial Pipeline hackers,” Jacoutot said. “Here’s a fun fact: The admeasurement of bitcoin’s clandestine key amplitude is 10^77. For comparison, the bulk of *atoms* in the appreciable cosmos is 10^80.”

A Twitter annual alleged “Cthulhu” mentioned it could be a apocryphal banderole and said:

“The FBI either was accustomed the clandestine keys or they blanket them,” addition alone dubbed Kingt Crypto remarked on Monday. The actuality is the FBI didn’t able a bitcoin wallet. No one can able a defended bitcoin wallet. The FBI acquired the clandestine keys to the Darkside funds via accepting an encryption key to a cloud server by accepting a warrant issued in San Fransico.

Currently, as the adventure continues to trend beyond the web, there are lots of skeptics analytic the ‘official’ account told by the U.S. government.

Do you accept the federal government’s official adventure about the Colonial Pipeline bitcoin ransomware case? Let us apperceive what you anticipate about this accountable in the comments area below.

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