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Showing posts with the label finland

Finnish police can’t find suspected bitcoin blackmailer they just released

Finnish police are once again hunting a suspected hacker accused of blackmailing 30,000 psychotherapy patients for more than $500,000 in bitcoin after he gave them the slip when he was released from pre-trial detention. Finnish national Aleksanteri Tomminpoika Kivimäki pleaded not guilty to Hack ing into the database of the Vastaamo psychotherapy center in 2018. Kivimäki allegedly told the center to pay 40 bitcoin , worth around $518,000 at the time of the breach, before sharing private documents in 2020. According to the terms of Kivimäki’s release, he was banned from leaving the Espoo area and was ordered to remain at a certain address between seven in the evening and eight in the morning each day. He was also supposed to report to the police three times a week and be contactable on a certain phone number at all times. However, since prosecutors filed a complaint last week, police have been unable to locate Kivimäki . Finnish police trace crypto to accused blackmailer of ...

LocalBitcoins closes down the P2P crypto exchange service

LocalBitcoins’ customers have 12 months to withdraw their cryptocurrencies from the LocalBitcoins wallet but are advised to do so immediately. Finland-based peer-to-peer (P2P) crypto currency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years. LocalBitcoins officially announced termination of services on Feb. 9, citing tough market conditions of the ongoing cryptocurrency winter. “Regardless of our efforts to overcome challenges during the ongoing very cold crypto -winter, we have regretfully concluded that LocalBitcoins can no longer provide its Bitcoin trading service ,” the firm said. LocalBitcoins encouraged all customers to withdraw their crypto assets from the platform, asking to proceed with withdrawing Bitcoin (BTC) from the LocalBitcoins wallet. According to the announcement, users will be able to withdraw crypto assets from LocalBitcoins within 12 months. “However, of course we encourage you to proceed with withdrawing soone...