Fun

UK regulator alerts public to fake solicitor Bitcoin scam

News Feed - 2024-07-11 05:07:16

Amaka Nwaokocha54 minutes agoUK regulator alerts public to fake solicitor Bitcoin scamEmail scams requesting cryptocurrency have been gaining popularity among criminals around the world.454 Total viewsListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Solicitors Regulation Authority (SRA) in the United Kingdom has issued a warning about a new scam involving emails from fake lawyers demanding Bitcoin payments. 


According to an update on its website, an email from the address “joyti.henchie@attwaters.co” claims to have copied all of the recipient’s personal data and threatens to release damaging videos unless a Bitcoin (BTC) payment is made.Fake email uses solicitor’s name


The scam email includes a link to a Bitcoin wallet, which may contain malware. It falsely uses the name “Patrice Joyce” and claims to be associated with the legitimate firms Attwaters Solicitors and Attwaters Jameson Hill Solicitors. However, the SRA confirmed that it does not authorize or regulate a lawyer named Patrice Joyce.


The SRA emphasizes that any business or transaction through the email domain “@attwaters.co” is not associated with the genuine firms or individuals it regulates. The genuine firm’s email domains end in “@attwaters.co.uk” or “@attwatersjamesonhill.co.uk.”


Manjot Kaur Henchie, known as Joyti, the bearer of the name used in the email address, is a genuine solicitor working at the legitimate firm Attwaters Jameson Hill Solicitors. Both the firm and Henchie have confirmed they have no connection to the scam email.


Related: How to mitigate the security risks associated with crypto payments


The SRA advises individuals to conduct due diligence if they receive suspicious correspondence. This includes verifying the email’s authenticity by contacting the law firm directly through reliable means and checking the SRA’s records to confirm the individual or firm’s authorization.Email extortion scams


The alert by the UK regulator is another case highlighting the importance of being vigilant against email scams and ensuring any demands for payment, particularly in cryptocurrencies like Bitcoin, are thoroughly investigated before action is taken.


A similar email extortion scam emerged in 2019, targeting website owners using Google’s AdSense program. Scammers demanded Bitcoin in exchange for supposedly protecting against an attack that would allegedly result in AdSense account suspension.


In 2020, New Zealand law enforcement warned about a cryptocurrency scam where fraudsters blackmail victims by claiming to possess information about their online pornographic activities. The scammers demand a Bitcoin ransom, threatening to expose the victims’ alleged porn use if they don’t pay up.


Magazine: 1 in 6 new Base memecoins are scams, 91% have vulnerabilities# Bitcoin# Cryptocurrencies# Cryptocurrency Exchange# Tokens# Scams# RegulationAdd reaction

News Feed

Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations
Tristan Greene3 hours agoResearchers at ETH Zurich create jailbreak attack bypassing AI guardrailsArtificial intelligence models that rely on human feedback to ensure their outputs are harmless and helpful may be univers
Tom Mitchelhill8 hours agoPhilippines SEC teams up with US counterpart to combat crypto fraudThe Philippines SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime
NFTs and blockchain bridge Ethiopia’s past and present in new art exhibition
Vittoria Benzine10 hours agoNFTs and blockchain bridge Ethiopia’s past and present in new art exhibition“Ethiopia at the Crossroads” is getting a special blockchain boost for its final stint at the Toledo Museum of
Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia
Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia In this roundup, we cover Russia’ssupreme court recognizing tokens as assets
Nivesh Rustgi3 hours agoCurve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loansA Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the pos
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan marke
Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ethena Labs launches Solana version of USDe stablecoin
Christopher Roark2 hours agoEthena Labs launches Solana version of USDe stablecoinUSDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Dri
Cryptowisser Announces Most Comprehensive Exchange Comparison Tool on the Market
Cryptowisser Announces Most Comprehensive Exchange Comparison Tool on the Market PRESS RELEASE. Leading crypto service comparison site, Cryptowisser has now rele
Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned
Cardano"s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of unders
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals
Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto asset