FTC Warns Over Bitcoin Blackmail Scams

FTC Warns Over Bitcoin Blackmail Scams

A warning has been released by the U.S Federal Trade Commission (FTC) regarding the new bitcoin scam which aims at blackmailing men. The scammers send threatening letters to men demanding a “confidentiality fee” which stated, “I know about the secret you are keeping from your wife and everyone else. You can ignore this letter, or pay me a $8,600 confidentiality fee in bitcoin.”

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