Crypto

New Type of Bitcoin Ransomware Claims to Infect Victims With the Coronavirus

Not too many people will be surprised to learn numerous scams involving the coronavirus have come to life. One of these scams focusing on Bitcoin, and claims to “infect entire families”.

There is always someone interested in using a global pandemic to their advantage.

Bitcoin Ransomware and the Coronavirus

In this particular case, the criminal – or criminals – aim to obtain Bitcoin.

A new form of ransomware has been discovered by the ExecuteMalware team a few days ago.

It is not uncommon for ransomware strains to demand a Bitcoin payment at any given moment.

This particular malware’s creator goes one step beyond.

He or she claims that, if a payment is not made, they will infect their entire family with the novel coronavirus. 

Related Post

That is a very odd and rather insensitive claim to make.

Thankfully, it is also a  threat that no one would be able to uphold under any circumstance.

Leveraging the novel coronavirus to obtain roughly $4,000 in Bitcoin seems a bit odd.

No one is willing to pay such a high ransom demand either, regardless of any additional threats made in the process.

Rest assured this will not be the final type of malware to leverage the coronavirus crisis either.

Criminals often thrive when global panic ensues, as they hope to increase their chances of success. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Step Finance Confirms Major Treasury Breach On Solana

Step Finance has disclosed a significant security incident involving its protocol-owned funds, marking one of…

1 day ago

Crypto Hacks Surge Again As January Losses Hit $86 Million

The crypto industry is once again grappling with a rising wave of security breaches as…

1 day ago

Vitalik Buterin Says Creator Coins Miss The Real Problem

Ethereum co-founder Vitalik Buterin is once again challenging a popular crypto narrative, this time around…

1 day ago

Step Finance Hit By Major Treasury Breach

Shockwaves moved through the Solana ecosystem after DeFi dashboard and portfolio platform Step Finance confirmed…

3 days ago

Tether Caps A Record Year With Explosive Profit Growth

Tether has released its Q4 2025 quarterly attestation, and the numbers confirm what much of…

3 days ago

Lighter EVM Marks A Major Shift From Trading Engine To Full-Stack DeFi Platform

Lighter is officially stepping beyond its roots as a high-performance perpetual DEX with the launch…

3 days ago