Scammers Demanding Their Extortion Payments in Bitcoin

January 22, 2018
703 Views

It appears that scammers have turned their attention from credit card scams to Bitcoin scams. As the cryptocurrency wave continues to grow and more people own Bitcoin, Ripple and others, in addition to the fact that the currency is untraceable, scammers are seeing the advantages of escaping scot-free. So, the crimes that were at one time considered personal, are now strictly business for scammers who carefully seek out their target by first finding out if the target has a vulnerability ie sextape, cheating and/ or any other scandals.

According to an article from CNBC and articles from other media outlets, including reported complaints, there is a growing rash of scams being ran on people and the highly demanded form of ransom payment required by the scammers is Bitcoin.

Check out an article from CNBC below, then read the full article and watch the video via the CNBC link belwo.

“I know you cheated on your wife.”

Those chilling words were in a letter sent to Dave Eargle’s home. The then-graduate student found the note in his mailbox and could not believe what he was reading.

“It is just your bad luck that I stumbled across your misadventures while working a job,” the letter continued.

“Even if you decide to come clean with your wife about your cheating, doing so won’t protect her from the humiliation she will feel when her friends and family find out the sordid details from me.”

And then finally, a demand: “If you want me to destroy the evidence and leave you alone forever then send $2,000 in BITCOIN.”

Check out the rest of the article and video here: https://www.cnbc.com/2018/01/22/growing-blackmail-scam-demands-payment-in-bitcoin.html

You may be interested

Ahmir “Questlove” Thompson & Tariq “Black Thought” Trotter Present: ‘Hip Hop: The Songs That Shook America’ 
Entertainment
69 views
Entertainment
69 views

Ahmir “Questlove” Thompson & Tariq “Black Thought” Trotter Present: ‘Hip Hop: The Songs That Shook America’ 

Editorial Dept - October 14, 2019

From Executive Producers Ahmir “Questlove” Thompson, Tariq “Black Thought” Trotter, Shawn Gee, Alex Gibney and directors Erik Parker and One9, HipHop: The Songs That Shook America, premiered last night, October…

Oprah Winfrey Interviews Award-Winning Actresses Lupita Nyong’o and Cynthia Erivo For An OWN Primetime Special
Entertainment
69 views
Entertainment
69 views

Oprah Winfrey Interviews Award-Winning Actresses Lupita Nyong’o and Cynthia Erivo For An OWN Primetime Special

Editorial Dept - October 14, 2019

Oprah Winfrey sits down one-on-one with the award-winning actresses Lupita Nyong'o and Cynthia Erivo, who discuss their fast rise to fame and how their…

Watch YBN Cordae’s new video “Broke As F*ck” + Stream The Lost Boy Album Here!
Entertainment
72 views
Entertainment
72 views

Watch YBN Cordae’s new video “Broke As F*ck” + Stream The Lost Boy Album Here!

Editorial Dept - October 14, 2019

Today, YBN Cordae shares a new video from his  his critically-acclaimed debut project, The Lost Boy. The playful video for "RNP" featuring Anderson…

This site uses Akismet to reduce spam. Learn how your comment data is processed.


    %d bloggers like this: