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Crypto firm Tether says it won’t pay $24 million ransom after being threatened with document leak

Posted on March 2, 2021 by Dissent

Graham Cluley writes:

Controversial cryptocurrency developer Tether says it will not give in to extortionists who are demanding a 500 Bitcoin ransom payment (currently worth approximately US $24 million).

According to a series of tweets posted by the blockchain and cryptocurrency organisation this weekend, it received a ransom demand on Sunday, warning that if payment was not made within 24 hours, sensitive documents would be leaked online that would “harm the bitcoin ecosystem.”

Read more on GrahamClulely.com.

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