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In 2020, many users reported receiving bitcoin blackmail emails, which claimed to have compromising information and demanded payment in bitcoin to avoid exposure. These scams often involved fake threats, such as hacked webcams or stolen passwords, and were widely discussed on Reddit communities like r/Scams and r/Bitcoin.
Reddit users shared their experiences and advice on how to handle these bitcoin blackmail emails, emphasizing that they are typically hoaxes designed to extort money. Experts recommended ignoring the emails, not paying any bitcoin, and reporting them to authorities. The discussions highlighted the importance of cybersecurity awareness and the risks associated with cryptocurrency transactions in such scams. |
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