New Zealand Bitcoin Extortionist Jailed for Blackmail

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....


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