Bitcoin scammers targeting philandering husbands in the US, FTC warns
The cryptocurrency fever is on the rise and along with it, the heat level of the crypto fraud is also on the rise. The US is facing a Bitcoin scam in which the cheating husbands are at the gun point as they are asked to pay the scammers in Bitcoin. In order to fight the crypto scammers, the Federal Trade Commission (FTC) of the US, has taken up measures that will help the citizens to adopt some precautionary measures and not fall a direct prey to these scammers.
On August 21st, FTC issued ‘How to avoid a Bitcoin blackmail scam’ on its website that is supposed to caution and advise the common people how to be careful about this blackmail scams. FTC believes that men are the sole targets of the attack and it offered advices to the people through its website.
The Bitcoin scam targets cheating husbands
The government organization published a sample of the scam that is “enough to send shivers down anyone’s spine”. The blackmail’s “chilling words” were: “I know about the secret you are keeping from your wife and everyone else. You can ignore this letter, or pay me a $8600 confidentiality fee in Bitcoin.”
Citing the example, the organization advised the ones at risk that the scammers are threatening them of going public about their “alleged affairs” if they don’t pay them with the cryptocurrency. The FTC has urged people to get in touch with the police and the FBI if anyone receives such threat.
“Here’s how it works. Scammers have been sending letters to men, demanding payments using bitcoin in exchange for keeping quiet about alleged affairs. The letter also explains how to use bitcoin to make the payment.
This is a criminal extortion attempt to separate people from their money.
If you — or someone you know — gets a letter like this, report it immediately to your local police, and the FBI.”
Image via Shutterstock
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