Colonial Pipeline (2021) — Financial Impact: $4.4M
1 → partial
Our claim
entire record- Subject
- Colonial Pipeline (2021)
- Property
- Financial Impact
- Value
- $4.4M
- As Of
- May 8, 2021
- Notes
- Initial ransom paid ~$4.4M (75 BTC); FBI later recovered ~$2.3M (~64% of bitcoin amount, lower in USD due to BTC depreciation)
Source evidence
1 src · 1 checkNoteThe source confirms that Colonial Pipeline paid approximately $5 million in ransom (described as 'nearly $5 million'), which is consistent with the claim's stated initial ransom of ~$4.4M (75 BTC). However, the source text provided does not contain the specific detail about the exact Bitcoin amount (75 BTC), the FBI recovery of ~$2.3M (~64% of bitcoin), or the depreciation context mentioned in the claim's additional context. The source confirms the general ransom amount and timing (May 2021), but the extracted text does not verify the precise Bitcoin denomination or recovery details. The slight discrepancy between 'nearly $5 million' (source) and '$4.4M' (claim) falls within a reasonable range given Bitcoin price volatility and rounding, but without the full article text (which appears to be paywalled), the exact figure cannot be fully verified.