Sunday, May 26, 2024

Extortion attempt strikes at Tether

By DAC000 , in Bitcoin Cryptocurrency tether , at March 1, 2021 Tags: , ,

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.