€600 in Bitcoin Lost by Sextortion Victims in Italy

Due to weak cybersecurity and a lack of effective blockchain & bitcoin regulations, the cases of scam and sextortion are on a high increase in Italy. The cybercriminals have been claiming to be possessing special pictures, and videos containing pornographic contents.
Criminals claim that they have got the recorded videos of the victims watching this so-called pornography and other explicit videos – these were got after violating the victim’s device and then recording the person.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: http://bit.ly/2IJS3Ny