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What is bitcoin extortion? bitcoin extortion news, bitcoin extortion meaning, bitcoin extortion definition - Blockchain.News
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bitcoin extortion

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Alexander Vinnik has been sentenced to 5 years imprisonment by a Parisian court. The judgment may be appealed as noted by Vinnik's lawyer.

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

Ransomware Group Demands $4M in Bitcoin from Argentina, Border Activity Halted for 4 Hours

A Bitcoin ransomware attack was directed towards Argentina’s immigration agency, halting border crossing temporarily.

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand Police Issues Warning Against “Nasty” Sextortion Blackmail Porn Scam Demanding Bitcoin Ransom

New Zealand police are warning about a new porn blackmail scam that is targeting residents who watch adult content videos in the country. Scammers will take compromising video or photos of the victim while they are watching pornography and later contact them demanding a ransom in Bitcoin to keep the content private.

Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations

Twitter CEO Jack Dorsey Supports Nigerian Protest Against Police Brutality With Bitcoin Donations

Twitter CEO Jack Dorsey has supported Nigeria's EndSars campaign against police brutality with an undisclosed amount of Bitcoin (BTC), asks public for further donations.

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

DOJ Extradites Bitcoin Thief From Cyprus Along With Hezbollah Terrorist

The US Department of Justice has extradited two criminals from Cyprus—one with known connections to terrorism and the other on suspicion of stealing thousands in Bitcoin.

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue

Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.

Kaspersky Report: Bitcoin Crime to Rise in 2021 Due to Covid-19 Induced Poverty

Kaspersky Report: Bitcoin Crime to Rise in 2021 Due to Covid-19 Induced Poverty

According to a new Kaspersky report, the coronavirus pandemic will increase cases of crypto and Bitcoin crimes in 2021.

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.

DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple

DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple

US authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

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