Sextortion Email Scam Proliferatingīesides the emergence of coronavirus-focused email scams, sextortion email scams asking for bitcoin have also been on the rise in 2020, even though they are not a new tactic. Federal Bureau of Investigation (FBI) has warned about the rising number of bitcoin blackmail email scams involving covid-19. The correspondence claims that the writer will both release your information and infect you and/or your family with coronavirus unless payment is sent to a bitcoin wallet. With the advent of covid-19, there is a new twist on this scam. Noting that these email scams attempt to blackmail victims using various alarming tactics, the FBI described: The federal agency has seen a rising number of email scams asking for bitcoin payments. Federal Bureau of Investigation (FBI) recently warned. “Fraudsters are leveraging increased fear and uncertainty during the covid-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem,” the U.S.
Those looking to blackmail victims for bitcoin know no borders as bitcoin blackmail email scams have been reported in a growing number of countries. The coronavirus crisis has caused a lot of panic and scammers are taking advantage of people’s fear. A s the world scrambles to cope with the coronavirus pandemic and economic crisis, email scams are taking advantage of people’s fear to extort bitcoin. The number of bitcoin email scams has been growing in 2020 and the authorities in several countries have warned of new blackmail tactics used in threatening email scams asking for bitcoin.