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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.

Related posts:

  • U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
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