Two new scam emails were reported this week, and they are taking a different approach than the common “sextortion” emails.Continue reading New Bitcoin Phishing Email Scams
Don’t worry! In fact, congratulations, you are popular! Pretty much everyone has received a version of this bogus email threatening to expose risqué webcam footage of their mark to contacts. Be assured it is fake, even if it contains one of your online passwords!
These are some examples of the email:Continue reading Have You Received A Threatening Email Asking For Bitcoin?
The addition of two Iranian SamSam ransomware bitcoin addresses to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) list ushered in a new era in Know Your Customer, Counter Terrorist Financing and Anti-Money Laundering (KYC/CTF/AML) regulation compliance for bitcoin transactions. From now on, no one is allowed to transact with these two bitcoin addresses:
It’s a significant first. For responsible crypto exchanges and bitcoin ATMs operating in this wild west legal environment there are very few FREE KYC/CTF/AML compliance tools available. BitcoinWhosWho.com provides open-source data necessary to adhere to burgeoning global KYC/CTF/AML procedures involving bitcoin transactions.
- Monitor OFAC List
Prevent scam addresses from registering at an exchange.
- Bitcoin Transaction Profiling
Warn customers before they send bitcoin to an accused scammer.
- Wallet Risk Assessment
Mark wallets which have transacted with “scam” wallets to a higher degree of risk.