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front pageToday's NewsCrypto scammers: Innovative means to threaten family members with COVID-19

Crypto scammers: Innovative means to threaten family members with COVID-19

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The entire financial industry has been plagued by sophisticated financial fraud, some of which are so sophisticated that they have managed to evade the attention of regulators for years, stealing millions of dollars and getting away with it.

An evolutionary pillar
Cybersecurity blogger ExecuteMalware published a fascinating report about a criminal who achieved the opposite in terms of sophistication.

All threat actors are following suit, no matter how ridiculous:
I have hacked into your computer, so I can even infect your entire family with the coronavirus if I want to.
idiot……
pic.twitter.com/UE8d6lkaaY
—ExecuteMalware(@executemalware)
March 20, 2020
The criminal mentioned in the report said some very ignorant things, and everyone wanted to talk about his achievements. A scammer began sending emails around the world claiming that he had hacked into your computer and was able to spread the coronavirus to your family that way. There are many problems with this statement, but it is still very interesting.

According to the scammer, he demands $4,000 in Bitcoin (BTC) from his victims and gives them 24 hours to pay. If they don’t, he will unleash his wrath on the hacker who is able to spread biological viruses over the internet. Makes you wonder if he would force an explanation if you asked him how he did it.

The real threat
The best part about this little phishing scam isn’t even the scam itself, but the threat at the end. Simply put, the scammer is so sure he can hit you with the coronavirus that he’s so sure that he says at the end: “It doesn’t matter how smart you are, believe me, if I want to do something to you, I can do it.”

He did make an impact. He made people laugh.

This threat was sent to a wide variety of people as scammers around the globe, both smart and not, try to take advantage of the coronavirus panic. Many of the smarter criminals are making huge profits from this crisis, and we can only hope that they will be caught quickly by law enforcement agencies in their respective countries.

A new all-star
This is one of the most memorable cryptocurrency scams I have ever seen. Last year, an equally memorable scam took place in the UK, where someone pretending to be the Queen’s secretary sent emails to important people in the UK, asking for funds. Surprisingly, they didn’t even do a grammar check, which was really depressing.

The scam claimed that the Queen was hoarding funds for the Brexit crisis and needed to be done anonymously. The most striking thing about the letter was its poor sentence structure. One would imagine that all these scammers would have access to some program that would ensure they were writing in correct English, especially when they were trying to impersonate the Queen's secretary.

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