Bitcoin extends losses, falling below $32,000 after U.S. seizes most of Colonial ransom

 KEY POINTS

• The world’s largest cryptocurrency slid 11% to a price of $31,629 Tuesday.
• U.S. officials said Monday they have seized $2.3 million in bitcoin paid to hacker group DarkSide.
• The FBI was able to access the “private key,” or password, for one of the hackers’ bitcoin wallets.
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