(Hong Kong) — Foreign bitcoin terrorists no longer content with pilfering small business owners and private citizens, have now turned their attention to more lucrative targets.
"The case has been classified as blackmail and will be investigated by the Cyber Security and Technology Crime Bureau. Preliminary investigation suggests the attacks were launched from multiple countries."
Police confirmed that those behind the attack demanded payment in bitcoin following a DDoS warning attack, during which the banks website was flooded with significant amounts of traffic in order to interrupt access by bank customers. The police spokesperson said the threats included promises of future attacks.
Bitcoin is hugely popular among cyber criminals, illicit drug traders, and international crime syndicates, because of its potential to allow transactions to remain anonymous when used properly.
The inventor of the popular digital currency remains missing after vanishing with over 1 million bitcoins he mined while holding the lion’s share of the network hashing power. Bitcoin adopters are praying he doesn’t dump those coins on the market which could crash the price and crush the dreams of its many followers.
The last time Satoshi communicated privately he wrote, “I’ve moved on to other things and probably won’t be around in the future.”
The statements are kind of misleading. Other than that, overall when I read the article, instantaneously I would imagine the first impression a newbie would get is bitcoin is some kind of scam activity with no good intentions. I wish something could be done on that. And also it worsens when the so-called attacker demanded that they get paid in bitcoin, that adds on further to the negative side.