Speculation has been running rampant over today's FBI press conference revealing the recovery of most of the ransom paid to "Russian" hackers by Colonial Pipeline. Ben THE Kaufman summarizes: Media: "The FBI hacked Bitcoin and can take anyone's funds." Reality: The pipeline hackers didn't have the Bitcoin in the first place but kept it in a remote server the FBI could access with subpoena. Media coverage is mostly lies at this point. Which raises the following point (h/t Jordan Schachtel): So the "hackers" brought down the largest pipeline on the east coast... ...but couldn't spend 50 bucks on a clean hardware wallet to secure their bitcoin? Makes sense to me! #maga https://www.zerohedge.com/crypto/colonial-pipeline-hack-russians-fbis-ransom-grab-what-really-happened
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