Colonial Pipeline paid 75 Bitcoin, or roughly $5 million, to hackers.

Colonial Pipeline paid its extortionists roughly 75 Bitcoin, or nearly $5 million, to recover its stolen data, according to people briefed on the transaction.

The payment came after cybercriminals last week held up Colonial Pipeline’s business networks with ransomware, a form of malware that encrypts data until the victim pays, and threatened to release it online.

Geuss Bitcoin is after all extremely decentralized.