RATE Group | UK Police Reports 562 Cases of Bitcoin-Related Blackmail Over Last Two Years
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UK Police Reports 562 Cases of Bitcoin-Related Blackmail Over Last Two Years

19 Mar UK Police Reports 562 Cases of Bitcoin-Related Blackmail Over Last Two Years

Posted at 21:34h in Bitcoin News by

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United Kingdom police forces have received hundreds of blackmailing complaints since 2018, in which nefarious parties demanded Bitcoin (BTC).

By tracking numbers from 2018 and 2019 across thirteen U.K. police teams, think tank Parliament Street found 562 reports of blackmailers demanding Bitcoin, said a March 19 statement provided to Cointelegraph.

Some places saw a larger spike than others

England’s North Yorkshire Police force saw a massive spike in reported Bitcoin blackmailing cases in 2019. The outfit reported a mere six incidents in 2018, while 2019 yielded 115 accounts, the statement detailed.

One report showed ransomware efforts in which a hacker locked down all of a user’s business data. They then demanded bitcoin as payment for unlocking the data, threatening to increase the price tag for restoration if the victim did not pay up within a certain timeframe.

Another report showed a perpetrator threatening to release private information into the public if a victim did not…

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