greybd
Posts: 1
Joined: Sun Jan 24, 2016 9:58 pm

extortion enabled by bitcoin

Mon Jan 25, 2016 4:01 pm

a user by iamalegend2u@bitcoinpond.org has threatened me to extort 2.002 bitcoins or "else i will bill ruined " . The payment of bitcoins are to be sent to account 1DGWB9nzCpLEfqJrcEvUmEeLFjkjGSZ8mW

i have filed a complaint with the FBI and urge Bitcoin to take steps to stop extortionists from doing this.I hope other users who are abused this way notify Bitcoin also.

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BitcoinXio
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 167
Joined: Mon Sep 21, 2015 4:12 pm
Contact: Website

Re: extortion enabled by bitcoin

Mon Jan 25, 2016 4:04 pm

I'm not sure what "Bitcoin" could do, as extortion can happen with cash as well. Bitcoin is just like cash (it's digital cash). If someone were to extort you for cash, the scenario would be the same.

Darren
Posts: 2
Joined: Mon Jan 25, 2016 2:22 pm

Donate BTC of your choice to 1PhnWXRMpweqSBqmZERpTt9Fj8X69bH6Kx

Contact: Website

Re: extortion enabled by bitcoin

Mon Jan 25, 2016 4:19 pm

If there is no threat of harm to person or property, then this is blackmail, not extortion.

iFixBTCmemoryIssues
Gold Bitcoiner
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Posts: 2682
Joined: Tue Nov 24, 2015 9:03 pm

Re: extortion enabled by bitcoin

Mon Jan 25, 2016 8:38 pm

a user by iamalegend2u@bitcoinpond.org has threatened me to extort 2.002 bitcoins or "else i will bill ruined " . The payment of bitcoins are to be sent to account 1DGWB9nzCpLEfqJrcEvUmEeLFjkjGSZ8mW

i have filed a complaint with the FBI and urge Bitcoin to take steps to stop extortionists from doing this.I hope other users who are abused this way notify Bitcoin also.
Ignore these types of people, have a drink if it becomes too much to bare.
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If you are running a version of Bitcoin Core, stop using it. Upgrade to Bitcoin Unlimited or Classic immediately.

Fix Your Unconfirmed Transaction.

Vote for the future of our Bitcoin network!

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arnoudk
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Posts: 631
Joined: Wed Oct 21, 2015 4:04 am
Location: Belize

Re: extortion enabled by bitcoin

Mon Jan 25, 2016 9:11 pm

Sounds like a mass mailing scare tactic to me. Just ignore it. Maybe the nigerian scam emails are not as profitable anymore and they are finding new business models.

Remember, that bitcoin is not a company. There is no headquarters. It has no CEO. Bitcoin owns nothing, nobody works for bitcoin. Bitcoin is a protocol, it is a mathematical framework for securing value transfer on the internet and it is implemented in computer code that you can run on your own PC. If you install this software, and run it, then you are part of the bitcoin network - but you would not consider yourself to be bitcoin. The same is true for everyone who runs this software on their PC - they are part of the network but they are not bitcoin.

Roger Ver, who owns bitcoin.com, has himself been the target of extortion attempts. Twice.
http://www.wired.com/2014/05/dfwtbj/

Other prominent people in the bitcoin-space have also been extorted (or attempted). This includes Hal Finney, who is one of the very first people to work on the bitcoin protocol.

Doesn't sound like you will have to go to the extent that Roger has gone to. He pulled a "Ransom"-movie style inverse bounty on the hacker, rather than pay up. I respect that.
http://bitcoinbountyhunter.com/satoshi.html
http://bitcoinbountyhunter.com/swat.html
Excited about the potential of Bitcoin Cash in the beautiful country of Belize.
Developer of the RegisterDocuments.com Document Registration Service (using the Bitcoin Cash blockchain).

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