BTCC is the latest victim of the Bitcoin-for-DDoS extortion scheme, but unfortunately for the attacker, the company was financially capable of implementing better DDoS protection measures and make the attacker go away.
The first DDoS attack took place on December 31, as Crypto Currency News reports, and seemed to be quite small in capacity. As soon as the attack ended, the company, a well-known Bitcoin trader, received a ransom email from the (currently unknown) attacker.
The email warned the company of more DDoS attacks unless they'd pay a ransom of 1 Bitcoin (around $425). On January 1, the attacker continued its assault, launching a 10 Gbps attack.
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http://news.softpedia.com/news/btcc-bitcoin-trader-blackmailed-with-ddos-attacks-498344.shtml
