Extortion attempt strikes at Tether

if 500 Bitcoin aren’t paid the extortionists threaten to release information that “could harm the Bitcoin ecosystem”. About a one minute read and live Twitter thread for followups.

Comment: the market cap ofTether has grown explosively, which likely made the company a target of extortion. Note it’s already been a target of many who come off as suspicious of cryptocurrencies in general, and Bitcoin specifically.

PSA: Forged documents are circulating online purporting to be between @tether_to personnel and reps of Deltec Bank & Trust and others. The documents are bogus. 1/5

— Tether (@Tether_to) February 28, 2021