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A court in Finland has jailed the Hack er responsible for blackmailing 30,000 psychotherapy patient s for more than $500,000 in bitcoin , sentencing him to six years and nine months in prison.  Julius Kivimäki threatened to extort the Vastaamo psychotherapy center out of 40 bitcoins in 2018 after hacking into its database and stealing patient notes. He then blackmailed individual patients by threatening to release their notes unless a smaller bitcoin ransom was paid. Kivimäki denies the charges.   One suicide has reportedly been linked to Kivimäki’s extortion attempts while one victim told the BBC, “The main thing is that this absolutely empathy-lacking, ruthless criminal gets a prison sentence.” Did law enforcement in Finland crack Monero’s privacy technologies? Read more: Finnish police can’t find suspected bitcoin blackmailer they just released “After this, there rise thoughts about how short the conviction is when reflected against the n...

A Crypto scam targeting victims in Scotland has defrauded a cancer patient out of his retirement funds and drained the pension pot of a lorry driver, after convincing 30 people to invest in a fake Crypto currency trading software. As reported by the Daily Record, both 66-year-old Tom Roberts and 57-year-old Alan Gow have been scammed by Safe Holdings, a purported trading firm offering software that analyzes crypto markets. The pair lost £10,000 and £3,500 respectively after being convinced to let the firm trade on crypto markets for them. They’re part of a group of 30 investors who claim to have been scammed. A man using the name Chris O’Brien reportedly runs the Crypto scheme. It’s said he relies on word of mouth via WhatsApp to recruit new investors, and prior investors make a profit as long as they keep recruiting. ‘O’Brien’ asks users to create two accounts, one on his site and one with Starling Bank. Users then transfer funds to the cryptocurrency account wher...