Chinese newspaper warns of Bitcoin extortion scam using its name
Summary
China Business Journal said scammers have been impersonating its staff to extort companies, demanding Bitcoin in exchange for suppressing supposed damaging reports. The fake emails, sent from a Proton Mail address, claimed to have uncovered negative information through undercover investigations and threatened publication unless payment was made. The newspaper said the messages were unauthorized, called the scheme fraud, and said it is gathering evidence and may pursue civil or criminal action. China Business Journal is a state-affiliated business newspaper under the supervision of a government-run academic institution.
