How the Colonial Pipeline attackers cashed out their bitcoin ransom

Quick Take

  • DarkSide, the ransomware group behind the Colonial Pipeline hack, has been cashing out some of its proceeds.
  • According to blockchain analytics firm Elliptic, one of the platforms DarkSide used to launder the money is called Hydra, a massive darknet market that serves a Russian-speaking clientele. 
Meet Hydra, the world's largest darknet market, which services Russian-speaking clientele and offers bitcoin cash-out services.

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