Tagged: extortion

Latest Report from Cybersecurity Firm Digital Shadows Details LinkedIn Sextortion Campaign – Pay Crypto or Else

Traditionally, cyber extortions have mainly been executed via exposure threats (“pay a cryptocurrency ransom or be embarrassed”), threats of cyberattack (denial of service), or the deployment of ransomware to lock up data, says “digital risk protection firm” Digital Shadows in its latest report, “Tale of Epic… Read More

Young Israeli Jailed for Selling Bomb Threats for Bitcoin

A 19-year-old Israeli man with dual citizenship in the US has been sentenced in Tel Aviv to 10 years in prison for making and selling bomb and shooting attack threats against 2000 schools, hospitals, malls, airports, airlines, police stations, and Jewish community centres in the… Read More

Extortionist Threatening Amsterdam Businesses Demands Bitcoins

An extortionist has been contacting Amsterdam businesses by email threatening to shoot at or tie grenades to their storefronts if he or she is not paid a ransom of 50 000 Euros in bitcoins, NL Times reports. At least one nightclub and three coffee shops… Read More

Ex-Fundrise CFO Tells Washington Post “Extortion Allegations are Baseless”

Last month, Crowdfund Insider reported that Fundrise had terminated its CFO for allegations of extortion.  In a filing with the SEC, Fundrise CEO and founder Ben Miller stated; “I am saddened to have to inform you that an employee of our company has engaged in… Read More

Shocker: Fundrise Files Report with SEC Alleging Extortion Attempt by Former CFO

Fundrise, a leading real estate crowdfunding platform, stunned investors and supporters alike with a filing posted to the SEC that indicated Michael S. McCord, CFO of Fundrise, had been terminated for allegations of extortion. The statement filed with the SEC said; Strategic Investors & Advisors… Read More

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