Criminal Fails at Blackmail, Bitcoin Stereotypes Disproven

Criminal Fails at Blackmail, Bitcoin Stereotypes Disproven

A chemist threatened to kill supermarket shoppers with cyanide he bought on the dark web with bitcoins in a £2 million blackmail attempt. He’s received a seven-year prison sentence after racking up a long list of minor offenses and admitting to blackmail. Chemist Buys Cyanide with Bitcoin, Fails at Blackmail. David Ward, 51, told a national supermarket....


Related News

Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes

Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last year’s record of USD 4.5 billion. Hackers Continue To Outpace Defenders According to CipherTrace, although cryptocurrency developers, wallets, and exchanges are working hard on strengthening their defenses, hackers continue to outpace them with their innovative tricks and tactics. Take....

How Bitcoin can Help Female Entrepreneurs Around the World

Becoming a female entrepreneur is both risky and socially “frowned upon” in this day and age. Most people assume that entrepreneurs are all males, which is quite a worrisome trend. For years, women’s rights activists have been advocating the need for more women in high business positions, and entrepreneurship is a prime example of women who want to....

New Zealand Bitcoin Extortionist Jailed for Blackmail

A 56-year old man from the city of Napier in New Zealand has plead guilty to multiple charges of blackmail following his attempts to extort several major companies in the country with bitcoin. Gregory David O’Neill was sentenced to five years and seven months in prison by the Napier District Court yesterday after previously pleading guilty to eight charges of blackmail, reports the NZHerald. O’Neill sent letters to several unidentified major companies in New Zealand, purporting to be a group that would carry out threats against these companies unless a bitcoin ransom was paid. The reported....

Research: Ashley Madison Bitcoin Blackmail is Cheap and Profitable

How much have Ashley Madison customers been blackmailed for since their personal data was leaked last month? One cybersecurity firm thinks it might have the answer. In a 1st September blog post from network security firm CloudMark, software engineer and research analyst Toshiro Nishimura suggested that as much as $6,400 may have been extracted from those seeking to buy the silence of the blackmailer. CoinDesk reported last month that customers Ashley Madison, a website that advertised itself as a platform for infidelity, were receiving blackmail threats by email that contained personal....

Thames Valley Police Investigating Bitcoin Blackmail Letters

In this digital age, criminals are turning to snail mail to try and extort residents in Maidenhead, Wycombe and South Buckinghamshire in the United Kingdom. At least eleven residents have reported receiving blackmail letters, which threaten to expose the recipient as a pedophile if they do not send two bitcoins in a 72-hour period. The letter reads: DO NOT IGNORE THIS LETTER. You have been carefully selected for this letter and WE HAVE done our research. If you do not follow these instructions to the letter you and your family will be subjected to a campaign that will include writing to....