US Federal Trade Commission Issues Warning on Bitcoin Blackmail Scam ‘Targeting Men’


#1

This is insane! Look how far people can go just to have a piece of bitcoin. This is one of the risks involved in this industry. Start ups or even the whole blockchain community should focus on the security and privacy and everything else will follow. I know it will be impossible to take down or eliminate these kind of scenarios, but it can be minimized. It is, I think one of the reasons why there are governments which do not allow cryptos to step in their territories. They do not want to trade their nation’s security over the technology. Hopefully, a resolution can be made soon.

US Federal Trade Commission Issues Warning on Bitcoin Blackmail Scam ‘Targeting Men’