French regulator calls Bitcoin "dangerous illusion"

The chairman of French market regulator called Bitcoin a “dangerous illusion” and a tool for criminals
04 December 2017   1059

Robert Ophele, the chairman of the Autorité des marchés financiers (Financial Markets Regulator), called bitcoin a "dangerous illusion" and a tool for criminals, condemning the cryptocurrency when its value reached $11,000.

It’s a way to purchase illicit goods, it’s a way to launder illicit income, it’s a way to develop and pay for cybercrimes and it’s a pure empty commodity. If it were a currency, it would be a very bad one.

 

Robert Ophele

Chairman of the Autorite des Marches Financiers

According to Ophele, Bitcoin has no link to the real economy. He also assumes that due to the growing speculation that Bitcoin will find a lasting role in the financial system, it becomes more complicated for authorities and banks to treat with cryptocurrency.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   79

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.