Bitcoin Sextortion Scheme Seduces Victims into Installing Ransomware

A sextortion scam that doubles its chances of success by planting ransomware on the computing device of its target victims has emerged, and as is often the case the attackers want to be paid in bitcoin. According to researchers at cybersecurity firm Proofpoint, the sextortion campaign, which is mostly targeting residents of the United States, …

Google Hacked in Twitter Bitcoin Scam

Twitter Facebook LinkedIn Google has become the latest victim of the rampant bitcoin “giveaway” scams proliferating on Twitter. For a little over ten minutes on Tusesday, the Twitter account of the online search giant’s suite of productivity apps and tools, G Suite, was hacked and used to promote a fraudulent bitcoin giveaway. Initially reported by …

CFTC Cracks Down Harder on Cryptocurrency Fraud Under Trump

The Commodity Futures Trading Commission (CFTC) has bolstered its police actions in the last fiscal year, driven largely by cryptocurrency cases, according to The Wall Street Journal. Under President Trump, the federal derivatives market regulator levied about $900 million in civil penalties in 2018 alone, exceeding the annual amount in five of the eight years …

Australia’s Taxman Warns of Scammers Demanding Tax Debts be Paid in Bitcoin

Australia’s taxman is once again sounding the alarm over fraudsters impersonating tax officials and demanding that tax debts be paid in bitcoin as well as other ‘unusual’ methods. In the latest scam alert, the Australian Taxation Office has warned that scammers are going around threatening to get the federal police to send Australians to jail …

‘Discount Bitcoin Bandits’ Charged in Los Angeles for Theft

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Los Angeles County district attorney has charged a couple with stealing thousands of dollars from people who sought to purchase cryptocurrency, the district attorney’s office announced on its website. ‘Discount Bitcoin Bandits’ Charged with Second-Degree Robbery Authorities first charged Precious …