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Chinese newspaper in Bitcoin extortion scheme

News | 2026/07/30 17:00

Chinese newspaper in Bitcoin extortion scheme

New Bitcoin extortion scheme in China

Fraudsters are attempting to deceive people using the name of a Chinese newspaper in a Bitcoin scheme:

They contact victims, posing as representatives of the newspaper, and demand money:

This new scheme illustrates how Bitcoin and other cryptocurrencies are being used for fraudulent purposes:

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