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Author Topic: Sad News: Kidnappers now requesting bitcoin as ransom in Nigeria {Gov might ban}  (Read 550 times)
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September 25, 2019, 11:07:32 AM

If Bitcoin is banned in Nigeria all because kidnappers now requesting it as a means of ransom it might be a loss to Nigerians.
not only thier loss but also ours  . we can also feel the impact if certain countries like nigeria have  sucesfully ban bitcoin  .

This isn't the first time Bitcoin is been requested as payment for ransom nor Nigeria the first ever country this will or had happened to.
yeah it isnt  . there are many negative news before on most countries and bitcoin were always on the subject  . that includes most common crimes like hacking , scamming and some are kidnapping  . btc's repuation are affected by these bad news but good thing that positive news also appears .

Nigerian government need to solidify their security feat and give confidence to her citizens. The rate at which people are been kidnapped globaly us very alarming.
you said it right . kidnapping is also present on other countries not just on nigeria , thats why thier government cant totally stop it but they can still do something to lessen it like deploying more security and cctv's on most places   .

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September 25, 2019, 11:50:32 AM

There is no point in blaming Bitcoins for this. If it was not Bitcoins, they would be asking for fiat
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September 25, 2019, 02:24:56 PM

This is why you shouldn't let others know that much that you're trading Bitcoin. You know they'll think that you're earning a lot when it comes to it, leading them to these crime acts and gonna request the ransom on what they can see that you're using lately.
Actually there was already a news long time ago that robbers tend to rob BTCs now. I think I still remember that it happened in US, thankfully it wasn't banned.

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September 25, 2019, 04:40:01 PM

Lols, you realize what you're saying here?  Grin Grin Grin
Even if this is Russia, there is no place on this damn earth where a company can come and ask the authorities for a 50% commission to reveal data about a criminal case. If they even propose that for real they would be arrested themselves for this, and if there would be a real inquiry into this case in Russia and them refuse to release the data they claim to have they would end up in prison, in some European countries this can fall into preventing the course of justice and it comes with up to 20 years special treatment  Grin.

Bottom line...
NOTHING was solved.
NO culprit was found!

Which again, goes against your whole tracing coins theory which has been proven unsuccessful in almost all hack cases.

I don't have much knowledge about all these laws. But there is one thing that I don't understand. If this is true, then what's wrong in making a deal with these Russian guys? Five and half years have passed since the Mt Gox scandal and the stolen funds (BTC650,000 + tens of millions of USD in fiat cash) remains untraceable. If these guys can help recovering some of that stolen amount, then what is wrong in cutting a deal?

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September 25, 2019, 04:54:45 PM

Nigeria government have never legalize crypto in the country anyone doing so is doing at his/her own risk, I don't know why OP is trying to sound like the government have approved the use of crypto before, the government should worry about improving the economy, these are among the pressing issues that needs urgent attention.

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