Breaking Story: Bitcoin Scammers Email Bomb Threats, Causing Evacuations Across The U.S.

Kevin O'Brien

Numerous evacuations have taken place across the United States on December 13th after scammers sent bomb threat emails demanding bitcoin payment to a number of businesses, companies, schools, and other entities, according to reports.

No Evidence of Explosives Yet

As of press time, authorities indicated there is not any evidence so far of any explosives detonating or actually being placed. However, police are asking people to remain vigilant as they work through the threats.

It is not yet clear how far the email threat has spread, but law enforcement in numerous jurisdictions across the country have released statements on social media and other outlets about the situation.

The Federal Bureau Of Investigation said it is aware of the threats and remains in contact with law enforcement across the country.

 

 

Speculation is the messages are robo-emails that were sent out in a group. The New York Police Department indicated on Twitter how it looks like they were sent to “cause disruption and/or obtain money."

 

 

Bomb Threats Asking For $20,000 In Bitcoin

A number of people on Twitter posted screenshots of the threatening email sent by the bitcoin scammers.

 

 

The email is printed in an article by Heavy.com.

It begins declaring that “my mercenary” has placed a bomb in “the building where your business is conducted” that would wound many people upon detonation.

In order to “call off my man,” a payment of $20,000 in bitcoin must be made to an address listed in the message. The scammer says the guarantee to not detonate “will become valid only after 3 confirmations in blockchain.”   

Different Versions Of The Messages

According to The Verge, there seem to be multiple versions of the email, some of which list a different type of explosive material.

The actual bitcoin wallet also looks to vary across messages. The Verge also wrote that it was able to confirm at least three wallets. It is not yet clear if anyone has actually paid the ransom. 

Billionaire Tim Draper: Bitcoin Is 'the Currency of the Future'

  • Tim Draper, a billionaire venture capital investor, has recommend taking a long-term approach to investing in Bitcoin (BTC).
  • The Harvard business school graduate believes Bitcoin is the "currency of the future" and that the value of the USD (and other fiat currencies) will gradually depreciate - as people lose interest and confidence in them.

Billionaire venture capitalist Tim Draper recently made a rare appearance on a Facebook live Q&A session during which he shared his views and insights regarding current traditional financial markets and also offered some suggestions on how to sensibly invest in cryptocurrencies.

Draper, an electrical engineering graduate from Stanford University, is well-known for purchasing 29,656 bitcoins (BTC) in 2014, for $18 million. from the US Marshall Service auctions. Notably, 144,336 bitcoins (in total) had been seized at that time after the US Federal Bureau of Investigation (FBI) took down online black market Silk Road.

Bitcoin Will Create "Much More Fluid Markets"

In his recently conducted Facebook live session, the legendary investor and business tycoon seemed to express more confidence in Bitcoin’s long-term performance than on the world’s most dominant currency, the USD. He remarked:

What it is (Bitcoin) is the future of currency and the currency is going to [remain] decentralized and open and you’re going to end up with a much more fluid, dynamic currency if you own Bitcoin, than if you own [US] dollars.

In mid-September 2018, Draper compared the growth and adoption of the internet to that of the current development of cryptocurrencies and blockchain technology. The Harvard business school graduate argued at the time that the combined market capitalization of the digital asset market would surge to around $80 trillion within the next 15 years.

Bitcoin Will Surge To $250,000 By 2022

This, as fiat currencies would gradually begin to lose their value and become practically worthless, Draper forecasted. Moreover, Draper believes bitcoin's price will skyrocket to $250,000 by 2022. In his most recent comments regarding Bitcoin’s potential, Draper noted that: “I never make bitcoin predictions in the short term because short term anything can happen.”

He added:

It (Bitcoin) will move up and down and if you’re investing in the short term you’re making a mistake. People can manipulate the price, it moves up, moves down depending on big customers coming in to buy or big owners coming in to sell.

Psychology of Investing

Going on to describe the psychology of the investing process, Draper remarked:

Sometimes Bitcoin is going to feel very valuable … and sometimes you’re going to feel like dollars are what you really want to hold on to. When you feel like dollars are what you really want to hold on to, you probably want to buy Bitcoin.

Draper, who’s notably the founder of Draper Associates, a Menlo Park, California-based, seed-stage VC firm founded in 1985, further explained that having a long-term investment strategy and approach towards Bitcoin could potentially yield a significant return-on-investment (ROI).