Cryptocurrency Firm Tether Refuses to Pay Ransom to Hackers
Get Permission The cryptocurrency company Tether has refused to pay a ransom of 500 bitcoins ($24 million) after hackers threatened to leak sensitive data if the company failed to pay. In a tweet about the hack, Tether said the hackers' threat could be an attempt to undermine the company or cryptocurrencies in general. "Today we also received a ransom demand for 500 BTC to be sent to bc1qa9f60pved3w3w0p7snpxlnh5t4uj95vxn797a7. The sender said that, unless they receive the BTC by tomorrow, they will leak documents to the public in an effort to harm the bitcoin ecosystem. We are not paying," t...
Source: bankinfosecurity.com