Federal Bureau of Investigation

Bitcoin and Encryption: A Race Between Criminals and the F.B.I.

Law enforcement also has an advantage when it gets ahold of digital devices. Despite claims from Apple, Google and even the Justice Department that smartphones are largely impenetrable, thousands of law enforcement agencies have tools that can infiltrate the latest phones to extract data. “Police today are facing a situation of an explosion of data,” …

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Bitcoin Is Actually Traceable, Pipeline Investigation Shows

When Bitcoin burst onto the scene in 2009, fans heralded the cryptocurrency as a secure, decentralized and anonymous way to conduct transactions outside the traditional financial system. Criminals, often operating in hidden reaches of the internet, flocked to Bitcoin to do illicit business without revealing their names or locations. The digital currency quickly became as …

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U.S. Seizes Share of Ransom From Hackers in Colonial Pipeline Attack

WASHINGTON — The Justice Department said on Monday that it had seized much of the ransom that a major U.S. pipeline operator had paid last month to a Russian hacking collective, turning the tables on the hackers by reaching into a digital wallet to snatch back millions of dollars in cryptocurrency. Investigators in recent weeks …

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