Colonial Pipeline CEO Testifies in Front of Senate Homeland Security Committee on Ransomware Hack

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Added by allcryptostaff
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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