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Darkside gang responsible for US Colonial Pipeline shutdown made over $90 million

Source : 112 Ukraine

“In total, just over $90 million in Bitcoin ransom payments were made to DarkSide, originating from 47 distinct wallets
11:49, 19 May 2021

Open source

Darkside, the group of hackers behind this month’s shutdown of the US Colonial Pipeline, received at least $90 million in bitcoin ransom payments from dozens of victims before it disbanded last week. This was reported by London-based blockchain analytics firm Elliptic.

“In total, just over $90 million in Bitcoin ransom payments were made to DarkSide, originating from 47 distinct wallets,”  Elliptic said in a report.

Related: Biden declares emergency after cyberattack on US major fuel pipeline

Citing data shared by dark web intelligence platform DarkTrace, Elliptic said the Darkside group appears to have made at least 99 victims, of which approximately 47% paid their ransom demands.

The average payment to the group likely totaling $1.9 million.

As we reported earlier, US fuel pipeline operator Colonial Pipeline temporarily halted all pipeline operations after a cyberattack, the company said in a statement late on Friday. 

The company is a major US supplier of gasoline, diesel, jet fuel and other refined products. It transports around 45% of fuel supplies around the US east coast.

Related: U.S. East Coast faced fuel shortage after hacker attack on Colonial Pipeline facility

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