New analysis sheds light on DOJ Bitcoin seizure, as JBS pays massive $11M ransom
Cointelegraph
Published Jun 09, 2021 10:45PM ET
Updated Jun 10, 2021 12:20AM ET
JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist.
The payment, estimated to be more than 300 BTC at current prices, was made to shield JBS factories from further disruption. The firm is the world’s largest meat company by sales, processing beef, poultry, and pork from Australia to South America and Europe.
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Written By: Cointelegraph
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