Hackers Threatening to Release 'Dirty Laundry' of Celebrities If Ransom Not Paid

Michael LaVere

Hackers have doubled their original ransom demand in exchange for the data belonging to U.S. entertainment law firm Grubman Shire Meiselas & Sacks, which represents many celebrities, such as Lady Gaga, Lizzo, and Madonna.

According to a report by Fox News, the hacking group REvil updated their ransom demand to $42 million in exchange for the stolen files containing personal information on high-profile celebrities such as Lady Gaga, U2 and President Donald Trump. The files belonged to attorney Allen Grubman.

The hackers claim to have stolen 756GB of data that includes the firm's contracts, personal emails, and correspondence with clients.

The hackers also deleted or encrypted the firm’s backup files and are demanding a ransom for the decryption key.

Grubman has refused to negotiate with the hacking group. The report cites an anonymous source close to the matter saying, 

“His view is, if he paid, the hackers might release the documents anyway. Plus the FBI has stated this hack is considered an act of international terrorism, and we don’t negotiate with terrorists.”

The hacking group released a statement on Thursday threatening to release to the “dirty laundry” of President Donald Trump if the ransom was not paid. 

Well, acording to a report published in Mail Online on Sunday (May 17), the hackers have "released a trove of emails mentioning President Donald Trump, and claim that they will publish much more damaging material if they aren't paid a ransom of $42 million."

Featured Image Credit: Photo via Pixabay.com

Tim Draper Reveals He Owns Cryptocurrencies Other Than Bitcoin

Michael LaVere
  • American venture capitalist Tim Draper revealed owning more crypto-assets than just bitcoin.
  • Draper expects the value of bitcoin to increase as a result of the Federal Reserve's money-printing tactics. 

American venture capitalist and bitcoin bull Tim Draper claims to own “a lot of other cryptocurrencies” in addition to BTC. 

Speaking in a recent interview with British entrepreneur Rob Moore, Draper claimed that his diversified portfolio in crypto-assets had led to him being “surprisingly up” despite the economic impact of the coronavirus. 

He said, 

You know, when I played Monopoly, I never showed anybody how much money I had so so that you're not gonna get an up or down.

Draper also criticized the U.S. Federal Reserve’s money-printing response to the COVID-19 pandemic, which he said would lead to the dollar crashing in value. He claimed the impact of the falling dollar would drive more value into bitcoin. 

He said, 

There are only 21 million of them and they are going to be more and more valuable as you see governments have less and less.

Draper continued, saying his experience working as a venture capitalist and interviewing entrepreneurs has given him a “pretty good view” of what the future is going to look like. He expects governments to move towards decentralization in a competition for their own citizens. 

Featured Image Credit: Photo via Pixabay.com