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Tag Archives: bitcoin ransom

FBI Halts Bitcoin Ransomware Attack on Colonial Pipeline

Not long ago, agents with the Federal Bureau of Investigation (FBI) managed to intercept bitcoin funds stolen through a ransomware attack on the Colonial Pipeline. The move resulted in a heavy blow to BTC, which experienced another massive dip over the weekend. How the FBI Got in the Way of a BTC Payment The FBI has now emerged with more details regarding the interception. The federal agency states that they were not able to find any security issues with the bitcoin...

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Is Google At the Center of a BTC Ransom Scam?

Website owners are in danger of having their accounts with Google AdSense suspended granted they refuse to give into bitcoin ransom demands.Google Needs to Be On the LookoutThe entire process is the result of a new scam. Hackers attempt to drive large amounts of traffic to banner ads listed by a specific company or enterprise. Once a visitor is there, the hackers trigger Google’s anti-fraud protection tactics by making it look like the traffic is being manipulated or that the companies are...

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Rybkin Sentencing: More Proof That Criminals Like BTC

The following is proof that work hours should be devoted to work. Andrei Rybkin, a former Russian nuclear scientist, has been sentenced to three years in prison for mining bitcoin utilizing a plant’s computing power.Rybkin: Heading to JailAside from serving time behind bars, Rybkin will have to pay a fee of more than $3,000 (about 200,000 rubles) to court authorities. Sentenced on Thursday, Rybkin is one of three people that were potentially involved in an illegal mining network that...

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