Category Archives: Analysis

Bitcoin Scams are the World’s Other Continuing Pandemic

2020 BitcoinWhosWho.com Scam Report Origins

Based on the origins of Scam Reports received by BitcoinWhosWho.com in 2020, bitcoin scams are the world’s other continuing pandemic.

BitcoinWhosWho received Scam Reports from 149 countries in 2020. 25 countries originated at least 100 reports.

Continue reading Bitcoin Scams are the World’s Other Continuing Pandemic

The Most Frequently Reported Bitcoin Scams Of 2020

The Top 25 Most Frequently Reported Bitcoin Scam Addresses to BitcoinWhosWho.com in 2020* received 9.5994793 total BTC.

Every single address is associated with the “sextortion” email scam first reported here in March 2018. There are many variations of the scam, but basically claims to have webcam footage of the email recipient visiting adult websites and demands payment in bitcoin or else the video will be sent to their contacts.

The average amount scammed was .092 BTC.

Top 25 Most Frequently Reported Bitcoin Scam Addresses of 2020

Continue reading The Most Frequently Reported Bitcoin Scams Of 2020

The RISE OF Elon MUSK BITCOIN SCAMS

The first “Elon Musk/Tesla” #Bitcoin scam reported to BitcoinWhosWho.com in June 2018 involved a hijacked high-profile verified Twitter account pretending to giveaway our beloved valuable crypto asset. Since then, the volume of Elon Musk (& Tesla) related bitcoin scams reported has increased dramatically, especially from Japan.

Elon Musk & Telsa Bitcoin Scam Report Volume

Almost 45% of Elon Musk/Tesla bitcoin scam reports come from Japan. 16% are unknown, 15% are US and the rest;

Continue reading The RISE OF Elon MUSK BITCOIN SCAMS

Bitcoin Bomb Ransom Fizzled Out: No Payments Made By Deadline

There will be winners and losers in the race to become the best bitcoin extortionist emailer. The latest bitcoin scam email campaign looks like it will be one of the losers.

New Bitcoin Bomb Ransom Email A Fake

Starting this morning, from U.S. sources, BitcoinWhosWho.com began receiving reports of a fake bomb threat demanding $20k in bitcoin or a “mercenary” would blow up their building. So far no one has paid any of the 15 bitcoin addresses that have been identified. But, it would only take a few people falling for this to make it worthwhile for the scammer.

The email typically states the bomb or explosive device is made of “lead azide”, “Tetryl” or “Hexogen” but also “tronitrotoluene” has been reported.

Notably, the author really wants to be clear that everything is proceeding “according to my guide”. Oh, and BTW, the bomb will go off by the end of the day if you don’t pay.

Continue reading Bitcoin Bomb Ransom Fizzled Out: No Payments Made By Deadline

Bitcoin Porn Blackmail Scam Moved to Poloniex Wallet

When reports of this email scam first started appearing last September the perpetrators were discovered to be using a Matbea wallet. That appears to have changed. On May 30 every output transaction from hundreds of reported blackmail scam addresses went to a Poloniex wallet address.

These bitcoin addresses were reported as scams related to the porn blackmail email:

12UCMcAseQK2syjQWRpnbc8tUtzxzZG9kS
15LKRRYM2k2CCSGT76rNbQmciLZJSxKXAx
18aVwkFAadCvwGBHN8vagouWBWrNEpZAaV

Each of them shows an output to 1E2J2DAFGToqmTxK5H8fG6V3Tp3xqSiAm4 on May 30, 2018.

A quick investigation shows 1E2J2DAFGToqmTxK5H8fG6V3Tp3xqSiAm4 is among the Poloniex wallet cluster.

[tweetshare tweet=”A Poloniex wallet address is being used to run the widespread porn blackmail scam”]

Continue reading Bitcoin Porn Blackmail Scam Moved to Poloniex Wallet

8.97 Bitcoins Burned In 2017

2,759 BTC Burned All-Time
The total amount of bitcoin in circulation decreased by almost 9 in 2017 due to “burn” addresses. Burn addresses, like the Genesis Block, are deadlier than “zombie” addresses, because there is no chance of coming back once BTC is sent to it. There are almost 400 known bitcoin burn addresses, i.e. valid addresses with no private key, to which, for a variety of reasons, people have sent 2,759.42507135 over the years. In 2017, 9 of these addresses received 8.97140133 BTC. That is way down from 2016 when 26.04 BTC was burned. Continue reading 8.97 Bitcoins Burned In 2017

Bitcoin Hitman Email

Bitcoin Hitman Sample Email
BitcoinWhosWho received multiple independent reports of a new bitcoin ransom email threatening people with “I’ve got an order to remove you” circulating.

The addresses we know so far:
1GtWsHzvxuwFkKyhH1m8dHznE8iSdfaR7
12gzbLuWWQHHSvRkUfHUygSU9zRP8aAbKq
1GZGRKGkpdZm195aQpRHciyfPxyciT8duW

However, no blockchain transactions yet.

These are the reports as of Dec 11 2017: Continue reading Bitcoin Hitman Email

New Blacklisted Bitcoin Address API

We’re proud to announce the availability of two new APIs:

Blacklisted Addresses (Reported Scams)
Public Sightings (Website Appearances)

Register for a key today!

Remain fully informed about a bitcoin addresses involvement with reported scams and website appearances found by BitcoinWhosWho.com!

  • Know Your Customers
  • Manage Risk
  • Help Prevent Scams
  • Unique Forensic Analysis

http://bitcoinwhoswho.com/api

Blackmail Scam Run on Russian Wallet Matbea

BitcoinWhosWho.com started receiving reports of a mass email attempting to blackmail recipients out of bitcoin about a month ago. The hilariously worded text always closes with “sorry for misprints, I am foreign”. Rudimentary block exploring shows at least some of these scam addresses are being consolidated on the Russian wallet service Matbea.com. Continue reading Blackmail Scam Run on Russian Wallet Matbea