Quote from: BTCtester.com on May 21, 2021, 05:56:29 PM

A sextortion victim received a mail to pay $1000 in bitcoin within 48h to address 1GYNGZLEUGkkQjHo19dHDnGE87WsAiGLLB otherwise, a captured intimate video of the victim is sent to all his email contacts. Can the extortionist be tracked down with only knowledge of the Bitcoin address? In this case the wanted person doesn't seem to be the brightest candle on the cake.

A free short analysis with our "Bitcoin privacy check" tool already shows the connection to a Binance client:. For less than $100 a report is available from forensicsone showing that the address sent funds to a binance deposit address.

But the amazing thing is that despite the naive approach, the extortionist was able to collect many millions of $ (more than 4,000 BTC) from thousands of people, even though Binance already demands KYC at 2 BTC and there were hundreds of criminal complaints at the police.

I conclude that our police simply do not have enough experts to follow up on something like this.

You have to be really stupid to fall for those sextortion scams. Lol funny how people get scared and pay up because they did jerk off to some weird shit hahaha. If only they tried googling a little.
And I don't think the scammers would be using some centralized exchange to cash out those funds.

Quote from: BTCtester.com on May 21, 2021, 05:56:29 PM

But the amazing thing is that despite the naive approach, the extortionist was able to collect many millions of $ (more than 4,000 BTC) from thousands of people, even though Binance already demands KYC at 2 BTC and there were hundreds of criminal complaints at the police.

I conclude that our police simply do not have enough experts to follow up on something like this.

They can make multiple account and withdraw less than 2 BTC from each account. Simple. And the police do have experts, they just don't fucking care.