The number of bitcoin email scams has been growing in 2020 and the authorities in several countries have warned of new blackmail tactics used in threatening email scams asking for bitcoin. As the world scrambles to cope with the coronavirus pandemic and economic crisis, email scams are taking advantage of people’s fear to extort bitcoin.
Bitcoin Email Scams 2020
The coronavirus crisis has caused a lot of panic and scammers are taking advantage of people’s fear. Those looking to blackmail victims for bitcoin know no borders as bitcoin blackmail email scams have been reported in a growing number of countries.
“Fraudsters are leveraging increased fear and uncertainty during the covid-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem,” the U.S. Federal Bureau of Investigation (FBI) recently warned. The federal agency has seen a rising number of email scams asking for bitcoin payments. Noting that these email scams attempt to blackmail victims using various alarming tactics, the FBI…