Federal investigators’ recovery of $2.3 million of the $4.3 million in Bitcoin that Colonial Pipeline paid to hackers in a ransomware attack shows cryptocurrencies may not be hard to track, The New York Times reports. While cryptocurrency can be transferred without a bank’s permission, it can also be tracked and seized by law enforcement, and each payment is recorded in a permanent ledger. “It is digital bread crumbs,” said former federal prosecutor Kathryn Haun. “There’s a trail law enforcement can follow rather nicely.”
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