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Friday, July 17, 2020

Why hackers use bitcoin and why it is so difficult to trace


Why hackers use bitcoin and why it is so difficult to trace



Although it hasn’t found success as a mainstream, transactional currency, it is increasingly used in scams. Purporting to be former President Obama, Bill Gates and Kanye West, hackers steered Twitter followers to send $1,000 in bitcoin, promising $2,000 in return. They drew more than $100,000 before the scam was shut down.

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