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blackmail

This morning, I received, in one of my corporate mailboxes, a spam which is disturbing on several levels, none of which are relevant to the core arguments in this piece so I've added the text in a footnote for readers' information.

What is relevant, and not disturbing, is that it demands payment to a specific bitcoin account.

This is it: 1JXuMq6sbL95XnrcDEsrZTCvvRjB52RCAD.

Governments and others are focussed on the person behind the account. There is another way, says Nigel Morris-Cotterill

It is said that fraud is a cyclical business and that frauds come around every five to seven years. Today, it is common to see frauds coming round every few months. This one combines both with old-fashioned blackmail, internet abuse, insecurity through camera-equipped devices and crypto-currency all in one. Add in a (quite possibly fake) Russian connection and whoever crafted this had his finger on all kinds of buttons. DUE DILIGENCE INFORMATION: BTC account quoted - 16n8TKLoLKZiB2DCaWwpKFnWRPN7EW9EjT