Sextortion is getting more popular and can soon be ingrained into our consciousness and our online experiences. I am hoping you are not one of the growing victim of this another form of a blackmail. So what is sextortion, anyway?
Sextortion is a form of revenge porn that employs non-physical forms of coercion to extort sexual favors from the victim. Sextortion refers to the broad category of sexual exploitation in which abuse of power is the means of coercion, as well as to the category of sexual exploitation in which threatened release of sexual images or information is the means of coercion.
Source. Just like ransonware, sextortion find it very convenient to demand money from their victims via cryptocurrency like Bitcoin but now they found an alternative darling and it is Litecoin.
Sextortion phishers are pivoting away from Bitcoin to alternative cryptocurrencies to avoid being caught by email filters. In particular, some sextortionists now rely on Litecoin, as major email providers automatically flag suspicious emails that feature Bitcoin wallet addresses.
Sextortion phishing scams have plagued inboxes for well over a year. They typically claim malware has infected recipient’s machines to record webcams and naughty browsing habits, demanding Bitcoin in exchange for not leaking that data to the world.
To add authenticity, the emails often include sensitive information, such as email passwords, believed to have been sourced from any number of major online data leaks.
Source. One thing for sure, people can get so creative in finding ways and means to fool others and victimize them out of their hard-earned money and they will not stop until they are caught by authorities (which can be so hard to do, by the way). Now, they are also into cryptocurrency making the operation easier and convenient and I assumed with wider reach.
Is there anybody here who experienced being (or who know someone who was) a victim of sextortion and was asked to pay in Bitcoin or Litecoin?
